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Fly News Breaks for January 15, 2020
BAC
Jan 15, 2020 | 13:38 EDT
Argus analyst Stephen Biggar raised his price target for Bank of America to $39 from $35 following quarterly results. The analyst believes the company continues to show improved operating leverage, which is "increasingly important" in a less favorable interest rate environment. Biggar also believes that Bank of America is "attractively valued" and maintains a Buy rating on the shares.
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