Notable Downgrades: Bank of America (BAC), Michael Kors (KORS), Amgen Inc. (AMGN), Tilly’s (TLYS)

Analysts at Portales Partners downgraded Bank of America Corporation (BAC) from ‘Outperform‘ to ‘Sector Perform‘ in a research report issued to clients on Thursday. On valuation measures, BofA stock it’s trading at a forward P/E multiple of 10.45x, and at a multiple of 24.21x this year’s estimated earnings. The t-12-month revenue at Bank of America […] View the full post at: Notable Downgrades: Bank of America (BAC), Michael Kors (KORS), Amgen Inc. (AMGN), Tilly’s (TLYS) Related posts: Bank Of America Raises A Slug Of Money Why Did Bank of America Pay Back the Money? Bank of America Posts a $1B Loss