Why Analysts Are Closely Watching Bank of America Corporation (BAC)

Previously, connected January 15, Truist Securities trimmed its terms people connected Bank of America Corporation (NYSE:BAC) to $60, down from $62, and maintained a Buy standing connected the stock. This downward revision follows insignificant adjustments to the firm’s proviso assumptions and projections, reflecting a lagging momentum successful stock repurchases.

That said, Truist Securities maintains its EPS guidance for the slope astatine $4.30 for 2026 and $4.95 for 2027. The firm’s exemplary present forecasts 160 ground points of affirmative operating leverage wrong the year, little than the bank’s ain estimation of 200 ground points.

Bank of America Corporation (NYSE:BAC) is simply a North Carolina-based supplier of assorted fiscal products and services. Founded successful 1784, the slope operates done 4 segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.

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