Bank of America Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Bank of America (NYSE:BAC)

Earnings Report - Bank of America is set to release its third-quarter earnings results on October 15, with analysts expecting earnings of 95 cents per share, an increase from 81 cents per share in the same period last year [1] - The projected quarterly revenue is $27.38 billion, compared to $25.34 billion a year earlier [1] AI Tool Implementation - On September 30, Bank of America launched a generative AI tool to enhance its Global Payments Solutions team, which serves over 40,000 business clients globally [2] Stock Performance - Shares of Bank of America fell by 2.3%, closing at $48.65 on the previous Friday [2] Analyst Ratings - The consensus rating for Bank of America is "Buy," with a highest price target of $66.00 and a lowest price target of $33.90, resulting in a consensus price target of $49.48 [4] Recent Analyst Actions - Evercore ISI Group analyst Glenn Schorr maintained an Outperform rating and raised the price target from $49 to $55 [6] - Oppenheimer analyst Chris Kotowski maintained an Outperform rating and lowered the price target from $57 to $56 [6] - Citigroup analyst Keith Horowitz maintained a Buy rating and raised the price target from $54 to $58 [6] - Wells Fargo analyst Mike Mayo maintained an Overweight rating and raised the price target from $56 to $60 [6] - RBC Capital analyst Gerard Cassidy maintained an Outperform rating and increased the price target from $45 to $53 [6]