Bank of America (BAC) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Bank of America (NYSE: BAC) recently:

• 4/7/2026 – Bank of America had its price target lowered by UBS Group AG from $67.00 to $62.00. They now have a “buy” rating on the stock.
• 4/7/2026 – Bank of America had its price target lowered by Daiwa Securities Group Inc. from $62.00 to $58.00. They now have a “buy” rating on the stock.
• 4/7/2026 – Bank of America had its price target lowered by JPMorgan Chase & Co. from $61.50 to $57.50. They now have an “overweight” rating on the stock.
• 4/6/2026 – Bank of America had its price target lowered by Autonomous Res from $62.00 to $54.00. They now have a “neutral” rating on the stock.
• 4/6/2026 – Bank of America had its price target raised by The Goldman Sachs Group, Inc. from $57.00 to $58.00. They now have a “buy” rating on the stock.
• 4/6/2026 – Bank of America had its price target lowered by Evercore Inc from $59.00 to $55.00. They now have an “outperform” rating on the stock.
• 4/1/2026 – Bank of America was upgraded by HSBC Holdings plc from “hold” to “buy”. They now have a $57.00 price target on the stock.
• 3/31/2026 – Bank of America had its price target lowered by Morgan Stanley from $67.00 to $61.00. They now have an “overweight” rating on the stock.
• 3/27/2026 – Bank of America had its price target lowered by Oppenheimer Holdings, Inc. from $63.00 to $58.00. They now have an “outperform” rating on the stock.
• 3/26/2026 – Bank of America is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $60.00 price target on the stock.
• 3/25/2026 – Bank of America is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $60.00 price target on the stock.
• 3/23/2026 – Bank of America had its price target lowered by The Goldman Sachs Group, Inc. from $67.00 to $57.00. They now have a “buy” rating on the stock.
• 3/4/2026 – Bank of America was downgraded by Erste Group Bank AG from “strong-buy” to “hold”.
• 2/14/2026 – Bank of America was upgraded by Wall Street Zen from “sell” to “hold”.

Bank of America Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 6th were given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, March 6th. Bank of America’s dividend payout ratio (DPR) is currently 29.24%.

Insider Activity

In other news, insider James P. Demare sold 83,832 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $50.00, for a total value of $4,191,600.00. Following the sale, the insider directly owned 307,240 shares of the company’s stock, valued at approximately $15,362,000. This trade represents a 21.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Bernard A. Mensah sold 94,000 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $46.94, for a total value of $4,412,360.00. Following the completion of the sale, the insider directly owned 170,184 shares in the company, valued at approximately $7,988,436.96. This represents a 35.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 227,832 shares of company stock valued at $11,094,960. 0.27% of the stock is owned by insiders.

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.