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Bank of America Earnings Beat Amid Analyst Target Raises and New 13F Stakes

Bank of America logoBank of America
Sig1.78Sen+1.50Env0.00Soc0.00Gov+0.05

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%.

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