- JP Morgan cut BAC price target to $59.50 from $62.00
- JP Morgan lowered its price target on Bank of America (BAC) to $59.50 from $62.00. The source is a Benzinga ratings action report. No further details on rationale were provided.
JP Morgan lowered its price target on Bank of America to $59.50 from $62.00. The cut reflects a reduced valuation view on the bank.
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