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Sell your Bank of America shares now, says KBW

Por: MarketWatch Politics February 09, 2023

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Among 28 analysts polled by FactSet, only two, including Konrad and R. Scott Siefers at Piper Sandler, had negative ratings for Bank of America, while 11 analysts had neutral ratings on the stock and 15 rated the stock a buy. In a note to clients, Konrad wrote that KBW’s earnings estimate for Bank of America for 2024 was “12% below consensus,” while adding that the stock was trading high relative to its historical price-to-earnings... + full article



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