Seeking Alpha

Bank of America's (BAC -3.8%) price target is bumped $0.50 to $12 by Nomura's Glenn Schorr,...

Bank of America's (BAC -3.8%) price target is bumped $0.50 to $12 by Nomura's Glenn Schorr, though he doesn't seem too excited about the stock. "The upside remains limited in the near term and the earnings ramp will be gradual (revenues aren't exactly booming." Scotiabank maintains BofA a Buy with $15 price target based on the bank's strong capital position. The two-day loss thus far is 8.3%.
Comments (2)
  • J.J. Cohen
    , contributor
    Comments (302) | Send Message
     
    a 10% correction was expected and not surprising...there will be consolidation and the climb back up will resume...the story is still unfolding and many, including me, believe it will be good
    18 Apr 2013, 01:50 PM Reply Like
  • perk
    , contributor
    Comments (45) | Send Message
     
    I am in BAC with Buffett and we just received the fed's blessing;
    18 Apr 2013, 02:19 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs