Citi Upgrades Bank of America
January 02, 2014 at 11:32 AM EST
In a report published Thursday, Citi analyst Keith Horowitz upgraded Bank of America (NYSE: BAC ) to Buy with a $19.00 price target, while continuing to see value in JPMorgan (NYSE: JPM ). According to the report, the price target implies a 23% expected total return. The analysts believe