Analysts Cut Bank of America (BAC) Price Targets Amid Adjusted Provisions and Buyback Pause

1 day ago 3

Sheryar Siddiq

Tue, February 3, 2026 astatine 4:49 AM CST 1 min read

Bank of America Corporation (NYSE:BAC) ranks among the biggest publically traded plus managers. On January 15, Truist Securities chopped its terms people for Bank of America Corporation (NYSE:BAC) from from $62 to $60, retaining a Buy standing connected the banking giant. The driblet reflects insignificant adjustments successful the firm’s proviso estimates, arsenic good arsenic plans for BofA to halt its stock buybacks.

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In opposition to Bank of America’s medium-term extremity of 200–300+ ground points, the firm’s exemplary present predicts 160 ground points of affirmative operating leverage successful 2026, considerably little than the bank’s guidance of 200 ground points, and 200 ground points successful 2027.

Also connected January 15, TD Cowen reduced its terms people connected Bank of America Corporation (NYSE:BAC) to $64 from $66. The driblet comes aft Bank of America’s fourth-quarter 2025 halfway EPS of $0.98, which exceeded marketplace estimates. The net bushed was mostly owed to decreased provisions and mean nett involvement income growth.

Bank of America Corporation (NYSE:BAC), done its subsidiaries, provides a scope of fiscal products and services to idiosyncratic consumers, small- and middle-market businesses, organization investors, ample corporations, and governments worldwide.

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READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.


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