2024-04-01 15:20:33 ET
As April gets underway, Bank of America (NYSE: BAC) stock trades around $37.50 per share, quite close to its 52-week high.
Although some analysts can get jittery when a stock approaches a near-term peak, one of Bank of America's fellow lending giants doesn't appear to be. In fact, it recently raised its price target on BofA stock by 10% and maintained its equivalent of a buy recommendation.
Is this enthusiasm realistic, though?
For further details see:
1 Wall Street Analyst Thinks Bank of America Stock Is Going to $44. Is It a Buy at Around $37?