Bank of America (BAC) Stock Rated Buy on Strong Net Interest Income Outlook
Bank of America Corporation (NYSE:BAC) ranks among the hot stocks to invest in right now. On September 9, TD Cowen confirmed its Buy rating on Bank of America Corporation (NYSE:BAC) and set a price target of $54, citing the bank’s positive earnings forecast. The firm emphasized Bank of America’s advantageous position, which it says is based on the strength of net interest income (NII) and potential fee growth. Pixabay/Public Domain TD Cowen reported that BofA CFO Alastair Borthwick gave a “consistent to ...