Date | Price Target | Rating | Analyst |
---|---|---|---|
9/3/2024 | $45.00 | Hold → Buy | Deutsche Bank |
7/9/2024 | $37.00 → $42.00 | Underweight → Neutral | Piper Sandler |
7/2/2024 | $48.00 | Neutral → Buy | Seaport Research Partners |
6/14/2024 | $37.00 → $46.00 | Mkt Perform → Outperform | Keefe Bruyette |
4/19/2024 | $42.00 | Peer Perform → Outperform | Wolfe Research |
4/4/2024 | $39.00 → $40.00 | Buy → Neutral | UBS |
3/28/2024 | $38.00 → $39.00 | Buy → Hold | HSBC Securities |
1/30/2024 | $32.00 → $41.00 | Equal-Weight → Overweight | Morgan Stanley |
Deutsche Bank upgraded Bank of America from Hold to Buy and set a new price target of $45.00
Piper Sandler upgraded Bank of America from Underweight to Neutral and set a new price target of $42.00 from $37.00 previously
Seaport Research Partners upgraded Bank of America from Neutral to Buy and set a new price target of $48.00
SC 13D/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13G/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13G/A - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
The bank has committed to $25 per hour by 2025 CHARLOTTE, N.C., Sept. 10, 2024 /PRNewswire/ -- Today, Bank of America announced that it has raised its U.S. minimum hourly wage to $24 per hour, the latest step in the company's commitment to $25 by 2025. With the increase, the minimum annualized salary for full-time employees in the U.S. will rise to nearly $50,000. The increase applies to all full-time and part-time hourly positions in the U.S. A national leaderThis move builds on the bank's history of being a national leader in establishing a minimum rate of pay for U.S. hourl
Dando vida a la Economía: Giving Life to the U.S. EconomyU.S. Latina GDP Report Indicates Tremendous Growth and Key Drivers LOS ANGELES, Aug. 26, 2024 /PRNewswire/ -- New data from leading researchers indicates that female Hispanics in the U.S. have contributed $1.3 trillion in 2021 to the gross domestic product (GDP), representing over 50% growth in a decade. The U.S. Latina GDP Report, funded by Bank of America, is first of its kind research on the significant and rapidly growing economic contribution of the nation's Hispanic female population. Led by professors Matthew Fienup, Ph.D., California Lutheran University, and David Hayes-Bautista, Ph. D, UCLA Geffen School of Medicine, the Latin
CHARLOTTE, N.C., Aug. 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on August 24, 2024 all €1,500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due August 24, 2025 (ISIN: XS2345784057; Common Code: 234578405) (the "Notes"). The Notes were issued under the Bank of America Corporation U.S.$65,000,000,000 Euro Medium-Term Note Program. The redemption price for the Notes will be equal to the Optional Redemption Amount of €1,000 per €1,000 Calculation Amount (as specified in the applicable Final Terms dated May
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
NEW YORK and SAN FRANCISCO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, announced today that it has added Bank of America as an investor. NPM's existing investor consortium of premier global financial institutions has helped drive the company's success since its spinout from Nasdaq in 2021. This announcement comes following the January 2024 closing of the company's $62.4 million Series B financing round led by Nasdaq with participation from Allen & Company, Citi, and Goldman Sachs, and with new investments from BNP Paribas, DRW Venture Capital, UBS, and Wells Fargo. NPM p
Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.
CHARLOTTE, N.C., April 26, 2022 /PRNewswire/ -- The 14 board of director nominees were elected, with at least 92 percent of the vote cast in favor of each. An advisory proposal on executive compensation was approved, with more than 94 percent of the vote cast in favor. Management proposals to ratify the appointment of the company's independent accounting firm and to ratify the adoption of the Delaware exclusive forum provision in the company's bylaws were also approved. No stockholder proposals were approved. Results are considered preliminary, with final figures reported on a
The Nasdaq 100 closed lower by more than 700 points during Wednesday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Bank of America The Trade: Bank of America Corporation (NYSE:BAC) President and CEO Jen Hsun Huang sold a
Bank of America Corporation (NYSE:BAC) shares are trading higher today after the company authorized share buybacks. The Board authorized a $25 billion stock repurchase program starting August 1, 2024, replacing the existing program set to expire on that date. As of June 30, 2024, the current program had $6.7 billion in repurchases left. As announced earlier, the bank had raised the quarterly cash dividend to $0.26 per share, up $0.02 from the previous quarter. The dividend will be paid on September 27 to shareholders of record as of September 6. Related: US Banks Bump Up Dividends Following Fed’s Successful Stress Test The company’s Board also declared a regular quarterly cash
The bank has committed to $25 per hour by 2025 CHARLOTTE, N.C., Sept. 10, 2024 /PRNewswire/ -- Today, Bank of America announced that it has raised its U.S. minimum hourly wage to $24 per hour, the latest step in the company's commitment to $25 by 2025. With the increase, the minimum annualized salary for full-time employees in the U.S. will rise to nearly $50,000. The increase applies to all full-time and part-time hourly positions in the U.S. A national leaderThis move builds on the bank's history of being a national leader in establishing a minimum rate of pay for U.S. hourl
Dando vida a la Economía: Giving Life to the U.S. EconomyU.S. Latina GDP Report Indicates Tremendous Growth and Key Drivers LOS ANGELES, Aug. 26, 2024 /PRNewswire/ -- New data from leading researchers indicates that female Hispanics in the U.S. have contributed $1.3 trillion in 2021 to the gross domestic product (GDP), representing over 50% growth in a decade. The U.S. Latina GDP Report, funded by Bank of America, is first of its kind research on the significant and rapidly growing economic contribution of the nation's Hispanic female population. Led by professors Matthew Fienup, Ph.D., California Lutheran University, and David Hayes-Bautista, Ph. D, UCLA Geffen School of Medicine, the Latin
CHARLOTTE, N.C., Aug. 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on August 24, 2024 all €1,500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due August 24, 2025 (ISIN: XS2345784057; Common Code: 234578405) (the "Notes"). The Notes were issued under the Bank of America Corporation U.S.$65,000,000,000 Euro Medium-Term Note Program. The redemption price for the Notes will be equal to the Optional Redemption Amount of €1,000 per €1,000 Calculation Amount (as specified in the applicable Final Terms dated May