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Bank of America May Rise to Highest Level in 10 Years

Michael Kramer

Bank of America Corp.’s ( BAC) stock may reach levels not seen since late 2008 should it rise to the average analyst price target of $34.60. Options traders are bullish on Bank of America as well, and see shares rising by about 7.5% through the middle of August. Since the start of 2018, analysts have upped their targets on Bank of America by an average of 14%, to $34.60, according to data from YCharts.