Quantbot Technologies LP Buys $4.3M Stake in Bank of America
Quantbot Technologies LP acquired 75,415 shares of Bank of America valued at about $4.3M. Royal Bank of Canada raised its BAC target price to $65 from $59 and kept an outperform rating, while Evercore set a $63 target with an outperform view. Multiple analysts rate the stock as Buy, with Bank of America up about 0.3%.