Bank of America (NYSE:BAC) Receives Bullish Outlook from CICC

CICC initiated coverage on Bank of America (NYSE:BAC) with an "Outperform" grade and a stock price of $54.54.Bank of America has consistently beaten earnings estimates, with a recent earnings surprise of 12.77%.The bank's stock has shown volatility with a yearly high of $57.55 and a low of $33.07, and it remains a significant player in the financial sector with a market capitalization of approximately $398.3 billion.On January 13, 2026, CICC initiated coverage on Bank of America (NYSE:BAC) with a bullish ou ...