BofA Delivers Strong Q4, but Leverage Outlook Disappoints, TD Cowen Notes
Bank of America Corporation (NYSE:BAC) is included among the 15 Best S&P 500 Dividend Stocks to Buy in 2026. BofA Delivers Strong Q4, but Leverage Outlook Disappoints, TD Cowen Notes Pixabay/Public Domain On January 15, TD Cowen cut its price target on Bank of America Corporation (NYSE:BAC) to 66, while sticking with a Buy rating. The firm refreshed its model after BofA’s Q4 results came in better than expected. However, Cowen noted that management’s outlook for operating leverage landed towar ...