KBW Maintains Outperform Rating on Bank of America (BAC)

Bank of America Corporation (NYSE:BAC) is one of the best Goldman Sachs bank stocks. On September 9, KBW assigned an Outperform rating on BAC, along with a price target of $57.

KBW Maintains Outperform Rating on Bank of America (BAC)

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KBW analyst Chris McGratty assigned the Outperform rating after comments from Bank of America CFO Alastair Borthwick at a peer conference addressing market conditions and expected results. The stock trades at a P/E of 14.35 and provides a 2.26% dividend yield, reflecting consistent returns for investors.

KBW also pointed out that BAC’s team provided commentary on net interest income trends and upcoming Q3 2025 capital markets performance during the presentation. According to the report, expectations for stronger capital markets in Q3 2025 are offset by higher cost forecasts, resulting in a more even financial outlook.

While we acknowledge the risk and potential of BAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BAC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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