Oppenheimer Downgrades Bank of America to Market-Perform

On June 30, Oppenheimer downgraded its rating on Bank of America (BAC) from Outperform to Perform. The firm cited rich valuations in the banking sector and noted that share prices already reflect much of the positive outlook for earnings growth.

By Ali Ahmed Wed, July 8, 2026 at 11:41 PM GMT+3 2 min read · Yahoo Finance · July 8, 2026, 20:41 UTC

Oppenheimer Downgrades Bank of America to Market-Perform

Tickers: $BAC

Topics: Banking Stock Rating Downgrade

Read the full article at Yahoo Finance

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