Goldman Sachs Lowers Bank of America (BAC) Price Target to $57

Bank of America Corporation (NYSE:BAC) is one of the 11 Best American Bank Stocks to Buy According to Wall Street Analysts. On March 23, Goldman Sachs reduced its price target on Bank of America Corporation (NYSE:BAC) from $67 to $57 and kept its Buy rating on the stock. The research firm said proposals from US regulators to revise the Basel III Endgame, adjust the G-SIB buffer, and update the Standardized Approach appear positive for large-cap banks. According to Goldman Sachs, these changes are expected ...