BMO Capital Markets upgrades Bank of America

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

Bank of America (NYSE:BAC) is upgraded to outperform from market perform by BMO Capital Markets analyst James Fotheringham, who sets a price target of $37.

Implies upside potential of 33%

BAC rises 0.4% in after-hours trading.

Quant Ratiing Neutral,  SA Authors' rating Bullish (2 Very Bullish, 5 Bullish, 5 Neutral, 1 Bearish).

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