UPDATE: Credit Suisse Raises PT on Bank of America on Mixed Factors
August 21, 2013 at 10:26 AM EDT
In a report published Wednesday, Credit Suisse analyst Moshe Orenbuch reiterated a Neutral rating on Bank of America Corp. (NYSE: BAC ), and raised the price target from $13.00 to $14.00. In the report, Credit Suisse noted, “BAC has made good progress on its efficiency program ($8Bn cost saves). However,