BofA boosted by upgrade

Bank of America (BAC) is ahead 1.2% in premarket action after a pre-earnings-season upgrade to Buy at Deutsche Bank. The price target is lifted to $18 from $16.50.

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Comments (16)
  • dictionshunary
    , contributor
    Comments (783) | Send Message
    The BAC naysayers and attackers of BAC management will soon be observed in their own dust as they race away embarrassed! Buy more BAC hright now, stay long for an easy double and more. We forecast mid to high twenties by the end of the year, then a return to the mid 40s downstream. As soon as the anti business empty suits are sent packing and grownups are again in charge of our country our forecasts will occur. Obviously electoral mood is showing that will happen with the constant uptick of BAC
    2 Jul 2014, 07:36 AM Reply Like
  • vireoman
    , contributor
    Comments (1269) | Send Message
    We are happy with the grownups within the current administration, the ones that got us out of---rather than into---two wars, and are dealing with the reality of climate change, rather than muffling scientists, as was the practice under George W.
    2 Jul 2014, 08:31 AM Reply Like
  • outofhere
    , contributor
    Comments (3694) | Send Message


    There are few grown ups in the current administration, what you have is the liar-in-chief at the White House. At DOJ we have the N_I_C. N stand for nitwit.
    2 Jul 2014, 09:08 AM Reply Like
  • Dirty Capitalist
    , contributor
    Comments (187) | Send Message
    All while adding only, what? Nine trillion to the debt, along with another $3 trillion on the Fed balance sheet? Those guys?


    Fun exercise to total those two up and divide the total by about 315 million men, women, and children of the United States to see what portion of that added debt belongs to your family.
    2 Jul 2014, 09:11 AM Reply Like
  • coroscant72
    , contributor
    Comments (35) | Send Message
    We're going going back back to Iraq Iraq.


    ... and we're NEVER leaving AFG. I guess both wars are over though because they said so on the TV.
    2 Jul 2014, 09:12 AM Reply Like
  • Seekinggreatwealth
    , contributor
    Comments (87) | Send Message
    Is that you Barack if so you may break your arm patting yourself in the back.


    2016 can't come soon enough and with any luck people will realize the damage done by the current arm and the dopes he's appointed and the lame MSM who are spineless. other than that have a great day.
    2 Jul 2014, 09:33 AM Reply Like
  • mphill47
    , contributor
    Comments (605) | Send Message
    Save the Condor.....but let's not talk politics get's out of hand and the the board goes rapidly down hill.
    2 Jul 2014, 10:35 AM Reply Like
  • cbama12495
    , contributor
    Comments (182) | Send Message
    I am not happy with the liar-in-chief who just increased my premium by 150%. My family has never used the health care system in the last 20 years and keep healthy by avoiding tobacco,alcohol etc. And yet he just expanded the free medical care to lot of the irresponsible.
    2 Jul 2014, 09:38 PM Reply Like
  • outofhere
    , contributor
    Comments (3694) | Send Message


    there's a poster down here with Obama shaking hands with a senior citizen woman he says we can't give you a hip replacement but we have free contraception for you
    2 Jul 2014, 09:41 PM Reply Like
  • BD88
    , contributor
    Comments (134) | Send Message
    Where is Don Dion and his sidekick Fun Fun???
    2 Jul 2014, 08:13 AM Reply Like
  • outofhere
    , contributor
    Comments (3694) | Send Message


    funfun is probably down by the Delaware Memorial Bridge scouting out the DuPont plant there
    2 Jul 2014, 08:59 AM Reply Like
  • blade3colorado
    , contributor
    Comments (149) | Send Message
    I sold this stock at $10 after getting in at around $6. BIGGEST MISTAKE EVER. Fast forward to a few months ago, I got in again when it was at $14.51 and am not getting out this time. I fully expect BAC to hit $40 within 2 years and have a very good dividend to boot.
    2 Jul 2014, 08:37 AM Reply Like
  • donm527
    , contributor
    Comments (106) | Send Message
    Bought jan 2015 $17 calls earlier this year as well as 2016 $20 calls.


    Hopefully this will give a boost to my 2015 calls and if we get some settlement from DOJ, that should get this going. Hopefully :)
    2 Jul 2014, 08:52 AM Reply Like
  • Jdeboer87
    , contributor
    Comments (334) | Send Message
    BAC is moving up, but it's about timing. All theses issues related to approval of dividends/repurchases and legal settlements need to be completed so that the uncertainty risk is eliminated. Once they get beyond these they will move and probably fast.
    2 Jul 2014, 09:11 AM Reply Like
    , contributor
    Comments (82) | Send Message
    The OBAMA Admin and the " President CEO " are a big disappointment !! For sure , a decent person but a big underperformer.The first warning was him accepting the NOBEL prize while not having achieved anything - totally undeserved.But then the Oslo Peace Prize commmittee is also living in an Alice of Wonderland World, anyway. The Cairo speech, another big let- down. The cnacer in the Mid East has mestasized. Only one big winner is IRAN with Irak exploding into ethnic and religious parts.


    Then we got the DOJ, a rapacious organization with ever growing multi billion $ lawsuits. Where do they take the nubers from ? , why not 50 billion or why not 7 billion ? These fines are not paid by multi million $ paid Execs but the small guy, mall shareholders, pensioners, IRA savings and the small/middle bank employee at BofA., ie the small shareholder who gets no refund from the DoJ. Let's face it BofA saved the US treasury billions at the entire expense of the small shareholder of DEc 2007 /2008 with the disastrous buy of C-WIDE and ML which were worth nothing. The share price dived from $56 to less than 4 bucks. I happen to be one. Peanut dividends since Jan 2009. And the DoJ and the DC Govmt how are they going to waste the billion $ receipts of fines. For sure, it will not go , not one dime, to the smallguy who pays with a falling share price and measly dividends for years while the entire Govmt / public sector , regulators were asleep at the wheel for the crisis. Did anyone at the SEC ever raise a question - " how come we have more than 9,000 triple A rated MBS, COD etc ??
    And then the Execs like Dick Fuld, Mozillo, Stan O'Neil alk home each with more than $ 300 MM to their ranch in Califofrnia that really gets the anger of people.
    An absolute disgrace this story from DC.
    2 Jul 2014, 10:48 AM Reply Like
  • agaptrader
    , contributor
    Comments (66) | Send Message
    BAC looks good technically here at 15.5. Though I am not a buyer of this stock since there are better valued bank stocks that I prefer like JPM and WFC.


    Agree with the article that this might still go to 18 or higher in near future.
    2 Jul 2014, 12:21 PM Reply Like
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