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

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

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%.