Morgan Stanley Maintains Overweight on Bank of America
January 16, 2014 at 08:59 AM EST
In a report published Thursday, Morgan Stanley analyst Betsy Graseck maintained Overweight on Bank of America (NYSE: BAC ), changing its price target to $21.00. According to the report, 4Q shows BAC's asset sensitivity and mgmt's ability to successfully deliver on promised expense saves. The analysts believe BAC can