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Bank Of America Corporation (BAC) [hlAlert]

Rating:
Hold BAC

Bank Of America Corporation (BAC) rated Hold with price target $18 by Standpoint Research

Posted on: Friday,  Jul 24, 2009  9:25 AM ET by Standpoint Research

Bank Of America Corporation (NYSE:
BAC) rated Hold with price target $18 by Standpoint Research.

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

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2010 12:25 PM Buy
None
11.56
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/23/2010 8:25 AM Buy
None
13.06
7/24/2009 9:25 AM Hold
None
12.65 18.00

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