Bank of America Increases Planned Common Stock Repurchase Program
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Bank of America (BAC) PT Raised to $32 at Bernstein
December 6, 2017 8:20 AM ESTBernstein raised its price target on Bank of America (NYSE: BAC) to $32.00 (from $31.00) while maintaining a Outperform rating after the company announced an increase to its 2017 CCAR plan, which adds an incremental $5b in buybacks to the $12.9b of gross buybacks originally approved by the Fed back in June.
... MoreBank of America (BAC) PT Raised to $32 at Credit Suisse Following Repurchase Authorization
December 5, 2017 4:44 PM ESTCredit Suisse raised its price target on Bank of America (NYSE: BAC) to $32.00 (from $31.00) while maintaining a Outperform rating after the company announced an additional $5 billion share repurchase.
Analyst Susan Roth Katzke views the authorization, "as an affirmation of this bank's willingness and ability... More
