These Analysts Raise Their Forecasts On Bank of America After Better-Than-Expected Q3 Earnings - Bank of America (NYSE:BAC)

Core Insights - Bank of America reported a net income of $8.5 billion for Q3 fiscal 2025, an increase from $6.9 billion a year ago, with EPS of $1.06, surpassing the analyst consensus estimate of $0.94 [1] - Revenue, net of interest expense, rose 11% year-over-year to $28.24 billion, exceeding the analyst consensus estimate of $27.50 billion [1] Financial Projections - For Q4, Bank of America anticipates net interest income between $15.6 billion and $15.7 billion, reflecting an approximate 8% year-over-year increase [2] Stock Performance and Analyst Ratings - Bank of America shares closed at $52.28 on the day of the earnings announcement [2] - Barclays analyst Jason Goldberg maintained an Overweight rating and raised the price target from $54 to $59 [4] - Citigroup analyst Keith Horowitz maintained a Buy rating and increased the price target from $58 to $62 [4]