Here is Why Bank of America Corporation (BAC) is Highly Favored By Hedge Funds

Bank of America Corporation (NYSE:BAC) is one of the 10 best banking stocks to buy according to hedge funds. As of February 23 closing, Bank of America Corporation (NYSE:BAC) carried a highly bullish sentiment. The stock received coverage from 19 analysts, 15 of whom assigned Buy ratings and 4 gave Hold calls. With no Sell rating, it has a projected median 1-year price target of $61.81, which leads to an upside potential of more than 22%. Here is Why Bank of America Corporation (BAC) is Highly Favored By ...