Fintel reports that on January 7, 2025, Truist Securities initiated coverage of Bank of America Corporation - Preferred Stock (NYSE:BAC.PRO) with a Buy recommendation. What is the Fund Sentiment? There are 30 funds or institutions reporting positions in Bank of America Corporation - Preferred Stock.

Fintel reports that on January 7, 2025, UBS upgraded their outlook for Bank of America Corporation - Preferred Stock (NYSE:BAC.PRM) from Neutral to Buy. What is the Fund Sentiment? There are 29 funds or institutions reporting positions in Bank of America Corporation - Preferred Stock.

Both HSBC and UBS upgraded Bank of America (NYSE:BAC) to Buy, both citing the higher-for-longer rate environment as benefiting the money center bank. "Rate backdrop, investment banking landscape, and regulatory easing provide favorable earnings backdrop,