Bearish
Bank of America (BAC) stock price target lowered to $62 by multiple analysts.
In the past 24 hours, several financial institutions have reduced their price targets for Bank of America's (BAC) stock. JPMorgan, Truist, and Evercore ISI have all adjusted their targets to $62, down from previous estimates ranging between $64 and $68. These revisions reflect a cautious outlook on BAC's near-term performance.
Key points
- JPMorgan lowers BAC price target to $62 from $68, maintains Overweight rating.
- Truist reduces BAC price target to $62 from $64, keeps Buy rating.
- Evercore ISI cuts BAC price target to $62 from $67, maintains Outperform rating.
Sources
AI-generated from public news sources. Not financial advice.
