SocGen initiates coverage of the big U.S. banks

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Bank of America (BAC -0.5%) and Citigroup (C +0.1%) are started at Buys with $17 and $59 price targets, respectively, and Wells Fargo (WFC -1%) and JPMorgan (JPM -1.1%) are begun at Hold with $45 and $56 price targets, respectively.