Bank of America Corporation (BAC) Evaluates New Credit Cards With 10% Rate

Bank of America Corporation (NYSE:BAC) is among the most profitable financial stocks to invest in. On January 22, Reuters reported that Bank of America Corporation (NYSE:BAC) is weighing options to introduce new credit cards offering a 10% interest rate to meet President Donald Trump’s demands, according to a source familiar with the matter. Separately, TD Cowen trimmed the price target on Bank of America Corporation (NYSE:BAC) to $64 from $66 and maintained a Buy rating on January 15. This downward pric ...