Key Insights Given the large stake in the stock by institutions, Bank of America's stock price might be vulnerable to...
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Shares of Bank of America (BAC) have received an upgrade from analysts at Wolfe Research. The firm has lifted the stock's rating to Outperform from Peer Perform, citing increased clarity surrounding the bank's net interest income prospects and an attractive valuation compared to competitors. Yahoo Finance's Julie Hyman and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith