KBW Upgrades Bank of America (BAC)

KBW reported on Tuesday that they have upgraded financial services company, Bank of America Corp(BAC).

The firm has raised their rating on Bank of America to “Outperform.”

Bank of America shares were up 6 cents or 0.50% during premarket trading Tuesday. The stock has increased 50% in the past year.

The Bottom Line
Shares of Bank of America Corp(BAC) have a 0.33% yield, based on Friday’s closing price of $12.03.

Bank of America Corp(BAC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.1 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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