Bank of america stock forecast bAC stock forecast is underpinned by

BAC stock forecast is underpinned by trends in corporate lending and investment banking fees. Analysts note that sustained capital market activity would enhance quarterly revenue and maintain upward EPS revisions. Cautious analysts, such as UBS, highlight that after the recent rally, Bank of America’s valuation appears stretched. They suggest that room for further near-term upside may be limited. UBS maintained a Hold rating and kept their price target at $54, citing lofty expectations embedded in current prices. AMD stock dipped this week on fears that Nvidia and Intel had effectively teamed up against it. But Arya’s note reframes the story. Nvidia’s new Intel-powered chips are years away, leaving AMD room to expand market share now. Bank of America stock forecast is showing mixed signals for Q3 2024, with analysts projecting a potential upside to $38–$42 per share, driven by expected interest rate stability and stronger consumer lending margins. Market sentiment remains cautiously optimistic amid slowing inflation.