Bank of america investing updated analyst models place Bank of

Updated analyst models place Bank of America investing’s fair value at $39.50, factoring in a 1.2% increase in loan growth and stable cost-to-income ratio at 58% in latest reports. Want the full story behind Bank of America? Read the original narrative here and discover why investors are following along for: Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. Recommended Stories Five stocks we like better than Bank of America Stock Dividend Cuts Happen Are You Ready? Why the Precious Metal Nobody Talks About Could Be Your Best Bet What is Put Option Volume? Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback What Are Growth Stocks and Investing in Them 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending Want to see what other hedge funds are holding BAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bank of America Corporation ( NYSE:BAC - Free Report ). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Bank of America Right Now? Before you consider Bank of America, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of America wasn't on the list. While Bank of America currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here 5G Stocks: The Path Forward is Profitable Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Sector rotation into financials has supported Bank of America investing’s stock, with the KBW Bank Index up 5.8% in the last month, outperforming the S&P 500 by over 250 basis points.