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Bank of America Trading Volume Ranks 34th as Wells Fargo Analyst Maintains Buy Rating
Generated by AI AgentAinvest Volume Radar
Wednesday, May 28, 2025 8:00 pm ET1min read
On May 28, 2025,
(BAC) saw a trading volume of 15.56 billion, ranking 34th in the day's market activity. The stock closed with a slight decline of 0.36%.Wells Fargo analyst Mike Mayo has maintained a Buy rating on Bank of America, keeping the price target at $56.00. Mayo's positive outlook is based on the bank's strong growth prospects and operational efficiency. This reiteration of the Buy rating comes as the bank anticipates a 6-7% year-over-year increase in net interest income (NII).
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