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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)
  • 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
  • I am in BAC with Buffett and we just received the fed's blessing;
    18 Apr 2013, 02:19 PM Reply Like
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