How Bank of America Corporation (BAC) Stock converts water flow into cash flow

Morgan Stanley lowered the price target for the Bank of America Corporation (NYSE:BAC) stock from ‘an Underweight’ to ‘an Equal-weight’. The rating was released on March 28, 2023, according to finviz. The stock was resumed by UBS, who disclosed in a research note on December 10, 2021, to Buy and set the price objective to $64. In their research brief published November 01, 2021, Robert W. Baird analysts downgraded the Bank of America Corporation stock from Neutral to Underperform with a price target of $42.

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