BAC241129C44500
- 3.04
- 0.000.00%
Bank of America Newsroom
Express News | Bank of America : KBW Raises Target Price to $57 From $50
Wall Street bulls predict: s&p 500 index to rise to 6300 points by the end of the year, bitcoin to break through 0.1 million US dollars.
Former JPMorgan chief stock strategist and Chief Investment Officer at Fundstrat Capital, Tom Lee, predicted on Monday that the s&p 500 index will rise to 6300 points by the end of the year, citing favorable market conditions and historical patterns indicating that stocks will continue to strengthen in December. Lee emphasized historical precedents, stating: "In the first half of an election year, when the market rises by more than 10%, there has been a 100% chance of an increase in December." He pointed out that the yield on the 10-year US Treasury fell to 4.1%, creating favorable conditions for multiple expansions. Lee's optimistic view extends to
Bank of America Securities: Upgraded china pacific insurance rating to "buy" with a target of maintaining stable dividend growth per share.
Bank of America Securities released a research report stating that China Pacific Insurance (02601) has been upgraded from "Neutral" to "Buy". The company's goal is to maintain stable growth in dividends per share while also reflecting profit growth. Therefore, it is expected that the company will very likely offer higher dividends per share, although the bank expects a dividend payout ratio of only 25 to 30%, at the lower end of market expectations, the dividend yield still exceeds 5%. The bank recently held a conference call with China Pacific Insurance and believes that under the change in product strategy, China Pacific Insurance will sell more participatory products, while still maintaining a dominant position in savings products. It is believed that there is potential for an increase in the new business value profit margin next year.
Wells Fargo Maintains Bank of America(BAC.US) With Buy Rating, Maintains Target Price $56
Wells Fargo Sticks to Its Buy Rating for Bank of America (BAC)
Bank of America Options Spot-On: On December 2nd, 157.04K Contracts Were Traded, With 3.36 Million Open Interest
S&P 500 and Nasdaq Hit Closing and Trading Highs Monday | Wall Street Today
BANK OF AMERICA CORPORATION UK Regulatory Announcement: FRN Variable Rate Fix
December Starts With a Mixed Market | Live Stock
The interbank certificates of deposit are "crazy," and expectations for further easing of monetary policy have increased.
① The rates of interbank certificates of deposit for various maturities have significantly decreased, with some maturities dropping by 20 basis points, marking the largest single-day decline in recent years. ② The central bank governor, pan gongsheng, stated that next year, a supportive mmf policy stance will be maintained, with increased counter-cyclical adjustment efforts. ③ The one-year interbank certificate of deposit may indicate signs of an easing mmf policy.
BofA's Indicator Shows Stock Market Sentiment Unchanged Post-election
Why Is Bank of America Corporation (BAC) Among the Best Cyclical Stocks for Economic Recovery According to Morgan Stanley?
The S&P 500 Is Set for Back-to-Back 20% Gains. What History Says Happens Next. -- Barrons.com
Invest in Banking Like Warren Buffett: Own a 'Castle' -- WSJ
Bank of America Options Spot-On: On November 29th, 82,839 Contracts Were Traded, With 3.36 Million Open Interest
Top 20 turnover of US stocks on November 29th: Tesla shortens supply chain payment cycle for 2024.
On Friday, the first in trading volume among US stocks, nvidia, rose 2.15%, with a transaction of 19.475 billion USD. The German government plans to provide about 2 billion euros in new subsidies to the chip industry, with the new funding to be given to chip companies, covering 10 to 15 projects including the production of raw wafers and microchip assembly. Earlier, the south korea government announced that it would urgently invest over 14 trillion won (approximately 10 billion USD) in policy financing to respond to the uncertainties from the new US government and the increasingly fierce competition in the chip industry. The second ranked stock, tesla, rose 3.69%, with a transaction of 12.46 billion USD. Tesla's vice president.
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Bank of America Securities: Upgraded Guangdong Inv rating to "buy" and raised the target price to 5.2 Hong Kong dollars.
Bank of America Securities released a research report stating that the rating of Guangdong Inv (00270) has been upgraded from 'Neutral' to 'Buy', expecting the net income to remain flat year-on-year in the 2024 fiscal year, with an average compound annual growth rate of 11% from 2025 to 2026. The dividend yields for 2024 to 2026 are attractive, at over 6.8%, 7.8%, and 8.3% respectively. Furthermore, the earnings per share for 2024 to 2026 have been revised down by 4%, 15%, and 15%, with the target price raised from 4.9 Hong Kong dollars to 5.2 Hong Kong dollars. The report also mentioned that Guangdong Inv management will discuss the possibility of distributing special dividends on December 9 to enhance investor confidence.