Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE:BAC).

Bank of America : Raised Etsy (Nasdaq:ETSY) price target to $153 to maintain a neutral rating

Bank of America Securities raised its price target on Etsy (Nasdaq:ETSY) to $153 from $145 and maintained its neutral rating on the stock after the company reported fourth-quarter earnings that topped market expectations as revenue was boosted by GMS increments and higher pickup rates driven by site-wide improvements. The analyst reiterated its neutral rating on the stock because growth is expected to be below historical levels, which he believes could limit multiple expansions. But he added that he was encouraged by the expectation that new and reactivated buyers would drive sequential growth in active customers.

Bank of America : Raised Etsy (Nasdaq:ETSY) price target to $153 to maintain a neutral rating Read Post »

Bank of America Securities: Maintain Coinbase (NASDAQ:COIN) underperform rating and price target $35

Bank of America Securities analyst Jason Kupferberg maintains an underperform rating on Coinbase (NASDAQ:COIN) and a $35 price target. The analyst told investors that while Coinbase’s fourth-quarter results beat expectations, its guidance for 2023 is very limited, and we think Wall Street may want more. The analyst said the themes in the earnings report had not changed and remained cautious, believing the company continued to face real headwinds, including regulatory issues, competition and a lack of diversity in revenue.

Bank of America Securities: Maintain Coinbase (NASDAQ:COIN) underperform rating and price target $35 Read Post »

Bank of America: Raised Deere (NYSE:DE) price target to $484 with Maintain a “neutral” rating

Bank of America analyst Michael Feniger issued a research report, raising the target price of Deere shares (NYSE:DE) to $484 from $478, maintaining a “neutral” rating. Feniger said the company posted a “thorough” quarterly result that exceeded expectations and raised its 2023 guidance to levels that exceeded market expectations.

Bank of America: Raised Deere (NYSE:DE) price target to $484 with Maintain a “neutral” rating Read Post »

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