Bank of America (BAC) – Analysts’ Recent Ratings Changes

Bank of America (NYSE: BAC) has recently received a number of price target changes and ratings updates:

• 7/7/2026 – Bank of America had its price target raised by UBS Group AG from $63.00 to $68.00. They now have a “buy” rating on the stock.
• 7/6/2026 – Bank of America was given a new $63.00 price target by Evercore Inc. They now have an “outperform” rating on the stock.
• 7/6/2026 – Bank of America had its price target raised by JPMorgan Chase & Co. from $57.50 to $62.50. They now have an “overweight” rating on the stock.
• 7/6/2026 – Bank of America had its price target raised by Wells Fargo & Company from $65.00 to $67.00. They now have an “overweight” rating on the stock.
• 6/30/2026 – Bank of America was downgraded by Oppenheimer Holdings, Inc. from “outperform” to “market perform”.
• 6/29/2026 – Bank of America had its price target raised by Morgan Stanley from $61.00 to $67.00. They now have an “overweight” rating on the stock.
• 6/26/2026 – Bank of America had its price target raised by Truist Financial Corporation from $61.00 to $64.00. They now have a “buy” rating on the stock.
• 6/23/2026 – Bank of America had its price target raised by Citigroup Inc. from $62.00 to $66.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Bank of America had its price target lowered by Evercore Inc from $70.00 to $61.00. They now have an “outperform” rating on the stock.

Bank of America Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 5th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Friday, June 5th. Bank of America’s payout ratio is 27.72%.

Insider Activity

In related news, insider Geoffrey S. Greener sold 126,756 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $53.01, for a total value of $6,719,335.56. Following the sale, the insider directly owned 1,373,397 shares of the company’s stock, valued at $72,803,774.97. This represents a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.27% of the company’s stock.

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.