Bank of America Corporation
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All BAC news ›Alignment Healthcare downgraded at BofA after CMS Star Rating for MA contract
(ALHC:NASDAQ) Seeking Alpha BofA Securities on Friday downgraded Alignment Healthcare (ALHC) to Neutral from Buy after CMS lowered its Star Rating for one of its major California Medicare Advantage contracts to 3.5 stars from 4. The bank…
Investors need sustained Fed cuts to move cash off sidelines: BofA’s Hartnett
Investing.com -- Money market funds drew their biggest weekly inflow since April 2020, offsetting the previous week's outflow, but Bank of America says that cash isn't going anywhere until the Federal Reserve starts cutting rates.…
Consumer spending in September was the third strongest in over 4 years: BofA’s Liz Everett Krisberg
CNBC Consumer spending in September was the third strongest in over 4 years: BofAâs Liz Everett Krisberg
Investors Rush Into Cash at the Fastest Pace Since 2020, Says BofA's Hartnett
Briefs Finance helps everyday people get better with money and invest with confidence, from getting out of debt all the way to investing like an expert. It starts with Market Briefs, a free five-minute daily newsletter, and grows into…
Novo's 'Flashy' Ozempic, Wegovy Price Cuts Unlikely To Impact LLY Stock, Says BofA
Shares of Novo Nordisk (NVO) and Eli Lilly (LLY) fell Tuesday after Novo unveiled plans to slash prices on key obesity and diabetes treatments by as much as 50%. Bank of America (BofA) dismissed the move as just a “flashy headline” that is…
Democratic midterm sweep could sink US stocks by 10%, says BofA: here's why
AI Sentiment: 22/100 Bearish BofA’s base case is a Democratic sweep (64%) that pushes stocks down 10% and drags the dollar and Treasury yields lower. Buy U.S. 40-year Treasuries (e.g., TLT) to monetize the “yields down” leg of the election…
Patrick Industries price target lowered to $68 from $85 at BofA
TipRanks Patrick Industries price target lowered to $68 from $85 at BofA BofA lowered the firm’s price target on Patrick Industries (PATK) to $68 from $85 and keeps an Underperform rating on the shares. Recreational vehicles are in a soft…
Investors Poured $166 Billion Into Cash Funds in Just One Week. BofA Says They Aren’t Ready To Leave.
Investors poured $166.4 billion into money-market funds in the week ended on October 7, marking the largest weekly inflow since April 2020, as rising interest rates made cash increasingly attractive compared with stocks. Bank of America…
Alamar Biosciences price target raised to $31 from $30 at BofA
BofA raised the firm’s price target on Alamar Biosciences (ALMR) to $31 from $30 and keeps a Neutral rating on the shares. A “strong” Q2 report ... Alamar Biosciences price target raised to $31 from $30 at BofA BofA raised the firm’s price…
BofA sees more BSP rate hikes ahead as inflation stays elevated
- By Katherine K. Chan In a report dated Oct. 6, BofA Global Research said it now sees higher odds that the Philippine central bank will deliver more hikes as inflation stays well above its 3% target. “The impact of high inflation and weak…
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Measured across the 4Houston news index. Headline tone is a simple word-based reading of the latest 120 headlines, not a forecast.