Bank of America profit rises on bond trading, cost cuts
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Jefferies Remains Bullish on Bank of America (BAC) Following 3Q Report
October 18, 2016 8:43 AM EDTJefferies reiterated a Buy rating and $19.00 price target on Bank of America (NYSE: BAC) following the company's 3Q earnings report. Fees were up 3% Y-Y on better IB, trading, service charges, and "other," flipping three quarters of negative comps.
Analyst Ken Usdin commented,... More
