Bank of America Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
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Bank of America (NYSE:BAC) is set to release its Q4 earnings on January 14, with analysts predicting earnings of 96 cents per share, up from 82 cents last year. The expected revenue is $27.62 billion, compared to $25.35 billion last year. Recently, the bank announced the redemption of $3 billion in senior notes. Analysts have mixed ratings, with TD Cowen maintaining a Buy rating and raising the price target to $66, while Wolfe Research downgraded the stock to Peer Perform. BAC shares fell 0.6% to close at $55.85.
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