The Ratings Game: Bank Of America Down 4% As Analysts Cut Views

Analysts trimmed their outlooks for Bank of America Corp. Monday as they reviewed the bank's earnings released last week and accounted for uncertainties about new financial legislation's affect on the firm's earnings.

Topics:  bank   america   corp   analysts   earnings   
BING NEWS:
  • Piper Sandler cuts Bank of America target to $49, keeps neutral
    Piper Sandler adjusted its price target for Bank of America stock (NYSE:BAC), bringing it down to $49.00 from the previous $50.00, while maintaining a Neutral stance on the financial institution's ...
    01/17/2025 - 8:49 am | View Link
  • Bank of America Joins Rivals in Topping Q4 Estimates
    Bank of America shares rose in premarket trading Thursday as the bank's fourth-quarter results beat analysts' estimates.
    01/15/2025 - 11:05 pm | View Link
  • Bank of America’s Profit More Than Doubles, Tops Wall Street Forecasts
    Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender ...
    01/15/2025 - 10:56 pm | View Link
  • What Analysts Think of Bank of America Stock Ahead of Earnings
    Bank of America is scheduled to post its fourth-quarter earnings report before the opening bell Thursday, with analysts expecting rising revenue and profits.
    01/13/2025 - 10:35 am | View Link
  • Bank Of America Scraps Interest Rate Cut Calls, Betting Markets Go Haywire As Hiking Panic Mounts
    The December jobs report surprised markets, leading to Wall Street banks abandoning rate cut predictions. A strong labor market may bring back interest rate hikes.
    01/10/2025 - 6:38 am | View Link
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