Bank of America (BAC) Target Cut at Morgan Stanley on Earnings Revisions

Bank of America Corporation (NYSE:BAC) is included among the 15 Best Blue-Chip Stocks with Growing Dividends. Bank of America (BAC) Target Cut at Morgan Stanley on Earnings Revisions Photo by NeONBRAND on Unsplash On December 12, Morgan Stanley reduced its price target on Bank of America Corporation (NYSE:BAC) to $68 from $70. The firm maintained an Overweight rating. The firm also adjusted its earnings expectations, cutting its fourth-quarter EPS estimate by 4% and lowering its 2027 forecast by 2.5%. T ...