Bank of America (BAC +2.9%) continues its surprising run, adding to its 31% YTD gain as it...

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

Bank of America (BAC +2.9%) continues its surprising run, adding to its 31% YTD gain as it easily outperforms the broader market and other big banks. Evercore tries to explain, even as several analysts have hacked their target prices since last week's earnings report: “Seems like greater risk appetite to start new year, some better macro, and more comfort around BAC’s capital position.”