Bank of America (BAC) Stock News

Bank of America shares fell 8.3% in a single session.

A net 5% of investors expect lower global inflation in 12 months, the lowest since January 2025. The shift reflects expectations that Brent crude will ease to $94/bbl by year-end from $104 currently.

Bank of America strategists raise French stocks to overweight from market weight, citing limited further widening in the OAT risk premium and extreme recent underperformance. They also see European equities broadly keeping pace with global peers but flag vulnerability to a shift in the AI narrative.

TD Cowen issued a new price target of $60.00 for Bank of America shares.

TD Cowen resumed coverage of Bank of America.

Bank of America Launches Fraud-Awareness Initiative for Small Business Owners.

Bank of America's Merrill unit has agreed to pay $39 million to settle a class-action lawsuit alleging it underpaid interest on retirement sweep accounts. The proposed settlement, filed Sept. 30, covers customers from Dec. 2016 to Mar. 2020 and requires court approval. The case predates similar lawsuits against LPL Financial and Charles Schwab.

Bank of America has warned that 'funflation' is surging in the US, with spending on hobbies growing more than twice as fast as the number of purchases. The report highlights a shift in consumer behavior toward discretionary categories.

Bank of America has: it is more bullish on the S&P500.

New AI tool helps corporate treasury teams analyze payment efficiency, cross-border flows, and working-capital performance with peer benchmarking.

HSBC Securities resumed coverage of Bank of America (BAC) with a Buy rating and a $65 price target.

Bank of America announced plans to hire 1,000 additional apprentices over two years and invest $150 million over five years in workforce development organizations. The program targets Consumer Banking, Technology, and Operations roles, continuing the bank's skills-first hiring strategy. Approximately 40% of current hires lack a bachelor's degree.

Bank of America raised its H2 2026 Brent forecast to $95 from $83, citing persistent Middle East tensions and Hormuz disruptions. Warns of potential $150+ if disruptions worsen.

BofA lifts semiconductor growth forecast to 18% CAGR, sees market reaching $3.2T by 2030.

Bank of America's CEO says consumer credit quality is good. The comment supports the view that household balance sheets remain healthy despite higher rates.

BofA lifts S&P 500 year-end target to 7,400 from 7,100.

Bank of America says large equity outflows, rising yields, and oil above $100 suggest markets are underpricing the risk of volatility. The warning is tied to a lack of policy urgency and investor complacency.

Bank of America: brent could trade in $95-120 range if Middle East conflict continues through year-end.

Bank of America said its security teams are assisting a police investigation and working to maintain safety at its offices, according to an internal memo.

Bank of America vice president killed in Times Square stabbing: BBG.

Bank of America raised its price target on Microsoft (MSFT) to $600 from $500. The firm maintains a Buy rating.

A Bank of America survey reportedly shows 27% of managers are overweight US stocks, indicating growing bullishness. The claim is unverified and lacks original report details.

Bank of America says rising commodity costs and limited pricing power are increasing margin pressure on consumer staples companies. Oil, diesel and agricultural prices have surged. Cocoa jumped 102% in three months. BofA sees Conagra, Campbell’s, Pilgrim’s Pride and General Mills among the most exposed.

Stocks would fall over 10% if Democrats take Senate, BofA strategist says.

BofA's Hartnett: republican Senate win would fuel stock rally.

Bank of America estimates Nvidia shares trade at a 34% to 50% discount to fair value. The bank maintains a Buy rating and $350 price target, citing overblown AI risk fears. Current price is around $219.

Bank of America's August fund manager survey: 32% of investors see an AI bubble as the main tail risk, 27% cite a disorderly bond yield surge as the second-biggest threat. The survey signals rising institutional caution on AI exposure and bond market stability.

Bank of America's August fund manager survey shows net 27% overweight US stocks, highest since Dec 2024, up from 24% in July. S&P 500 up 13% YTD.

BofA's Michael Hartnett recommends long gold as a hedge against dollar weakness and asset inflation. gold funds saw $6.3B in inflows last week, the largest since January 2026. The firm's Bull & Bear Indicator sits at 9.3, signaling excessively bullish positioning, while tech funds saw outflows.

Bank of America's new Frontier AI Tracker ranks Anthropic's Claude Opus 5 as the top AI model by intelligence. DeepSeek leads usage share at 30%, while Anthropic accounts for 65% of AI spending. AI token prices fell 9% month-over-month.

Bank of America plans $250B deployment through mid-2027 across AI, energy, infrastructure.