Weekly Analysts’ Ratings Changes for Bank of America (BAC)

A number of research firms have changed their ratings and price targets for Bank of America (NYSE: BAC):

• 7/21/2026 – Bank of America had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 7/15/2026 – Bank of America was given a new $70.00 price target by Argus.
• 7/15/2026 – Bank of America had its price target raised by Royal Bank Of Canada from $59.00 to $65.00. They now have an “outperform” rating on the stock.
• 7/15/2026 – Bank of America had its price target raised by Robert W. Baird from $58.00 to $62.00. They now have a “neutral” rating on the stock.
• 7/15/2026 – Bank of America had its price target raised by Truist Financial Corporation from $64.00 to $65.00. They now have a “buy” rating on the stock.
• 7/15/2026 – Bank of America had its price target raised by Keefe, Bruyette & Woods from $67.00 to $70.00. They now have an “outperform” rating on the stock.
• 7/15/2026 – Bank of America had its price target raised by Barclays PLC from $71.00 to $72.00. They now have an “overweight” rating on the stock.
• 7/15/2026 – Bank of America had its price target raised by Wells Fargo & Company from $67.00 to $69.00. They now have an “overweight” rating on the stock.
• 7/14/2026 – Bank of America had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $75.00 price target on the stock.
• 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.

Bank of America Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a $0.32 dividend. This is a positive change from Bank of America’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.28 dividend on an annualized basis and a yield of 2.1%. Bank of America’s dividend payout ratio is 29.36%.

Insiders Place Their Bets

In other news, insider Geoffrey S. Greener sold 126,756 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $53.01, for a total transaction of $6,719,335.56. Following the transaction, the insider directly owned 1,373,397 shares in the company, valued at $72,803,774.97. The trade was a 8.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.27% of the stock is owned by company insiders.

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.