Barclays Hikes BofA (BAC) PT To $71 on Expectations of Sustained Earnings Momentum in 2026

Bank of America Corporation (NYSE:BAC) is one of the most buzzing stocks to invest in according to hedge funds. On January 5, Barclays raised the firm’s price target on Bank of America to 71from71 from 59 while maintaining an Overweight rating on the shares. As part of its 2026 sector forecast, Barclays updated its ratings and price targets for large-cap banks. The firm anticipates that the momentum behind 2025’s double-digit earnings growth and superior stock performance will persist throughout 2026. On Dec ...