Piper Sandler and Truist Increase Bank of America (BAC) Price Targets Following Strong Q1 Results
Piper Sandler and Truist have raised their price targets for Bank of America (BAC) following the company's Q1 2026 earnings beat. Piper Sandler increased its target to $59 from $53, while Truist raised its target to $61 from $57, citing stronger-than-expected performance in trading, investment banking, and wealth management. The upgrades reflect updated guidance and a revised interest rate outlook.
Topics: Analyst Upgrades Bank of America Interest Rates Price Targets Q1 Earnings