Bank of America Earnings Beat Amid Analyst Target Raises and New 13F Stakes
HB Wealth Management LLC increased its Bank of America stake by 25.5% in the second quarter, while Abound Financial added a new position in the fourth quarter, filings show. Analysts raised price objectives and kept positive ratings. Bank of America reported quarterly EPS of $1.21, topping consensus $1.13, though the stock was down about 0.6%.