Bank of America price target raised to $45 from $44 at Evercore ISI

Evercore ISI raised the firm’s price target on Bank of America to $45 from $44 and keeps an Outperform rating on the shares. While the firm thinks the company’s earnings report showing positive indications for 2025 net interest growth, “relentless organic growth wins,” improved leverage to an elevated markets fee pool, and reasonable expense growth “deserved a positive reaction,” it contends that “much that may have already been in the stock” with shares up 15% since early August.