Bank of America (NYSE:BAC) Trading Up 1.1% - Time to Buy?
Bank of America's share price rose 1.1% to $51.54, with increased trading volume. Analysts have raised price targets, with Argus, Daiwa, Weiss Ratings, Robert W. Baird, and Wells Fargo providing positive ratings. The stock has a Moderate Buy rating and a price target of $57.77. Bank of America reported strong quarterly earnings, beating estimates, and announced a dividend of $0.28 per share. Institutional investors own 70.71% of the stock.
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