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Bank Of America Corporation (BAC) [hlAlert]

Rating:
Buy BAC
down 8.36 %

Bank Of America Corporation (BAC) upgraded to Buy with price target $20 by Argus

Posted on: Friday,  Jul 17, 2015  8:25 AM ET by Argus

Argus rated Buy Bank Of America Corporation (NYSE: BAC) on 07/17/2015, when the stock price was $17.94. Since
then, Bank Of America Corporation has lost 8.36% as of 09/10/2015's recent price of $16.44.
If you would have followed this Argus's recommendation on BAC, you would have lost 8.36% of your investment in 55 days.

NUVEEN INSD CA The Fund is registered under the Investment Company Act of 1940 asclosed-end, diversified management investment company.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2015 8:25 AM Buy
None
17.94 20.00
as of 8/27/2015
1 Week down  -1.67 %
1 Month down  -6.96 %
3 Months down  -8.36 %
1 YTD down  -8.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2009 8:25 AM Hold
None
5.67
10/10/2008 9:25 AM Buy
None
19.19 35.00

(*) Stock Price at the time of the recommendation.
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