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Wall Street Remains Bullish on Bank of America Stock

Andrew Brunton
Wall Street Remains Bullish on Bank of America Stock

Analysts are bullish about Bank of America (BAC) and project mid-teen growth in its stock price from the current level. As of October 8, out of the 29 analysts, 21 have provided a “strong buy” or “buy” recommendations. Wall Street’s one-year forward price target of $34.89 suggests an upside of 15.5% from the current market price of $30.23.