Skip to main content

Market Overview

After Hitting 9-Year High, Vetr Turns Bearish On Bank Of America


The Vetr crowd on Wednesday downgraded its rating on Bank of America Corporation (NYSE: BAC) from 3 stars (Hold), issued 19 days ago, to 2.5 stars (Sell). Crowd sentiment at the time of the downgrade was edging positive, with 58 percent of Vetr user ratings bullish.

The downgrade comes less than two weeks out from Bank of America's third quarter earnings report, which analysts expect will show the bank gaining more than $2 billion in revenue over last year's Q3. The stock had a healthy uptrend in the month running up to the report, gaining more than 12 percent over the period and reaching a nine-year high of $25.95.

Bank of America closed Wednesday's session slightly down at $25.71.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average price target on Bank of America is down at $25.08, which is still above the average analyst price target of $22.15. Bank of America Corporation is a popular stock on Vetr as more than 3 percent of users are holding BAC in their watch-lists.

Latest Ratings for BAC

Jan 2021Atlantic EquitiesUpgradesNeutralOverweight
Jan 2021Credit SuisseMaintainsOutperform
Jan 2021Morgan StanleyMaintainsUnderweight

View More Analyst Ratings for BAC
View the Latest Analyst Ratings


Related Articles (BAC)

View Comments and Join the Discussion!

Posted-In: VetrDowngrades Crowdsourcing Analyst Ratings General

Latest Ratings

CMBMO CapitalUpgrades130.0
SHNWFMorgan StanleyUpgrades
ICLRTruist SecuritiesUpgrades280.0
MNSTEvercore ISI GroupUpgrades
USPHBarrington ResearchDowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at