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Bank of America Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Bank of America expects Q4 earnings of 77 cents per share. 2. Quarterly revenue projected at $25.09 billion, up from $21.96 billion. 3. UBS upgraded the stock from Neutral to Buy with a price target of $53. 4. Oppenheimer maintained Outperform, lowering the target from $57 to $54. 5. Shares fell 2.4% to close at $45.11 on Friday.

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FAQ

Why Bullish?

Analysts project substantial earnings growth, indicating improved financial health. Past earnings beats have led to stock rallies.

How important is it?

Earnings expectations can influence market sentiment and S&P 500 movements overall.

Why Short Term?

Upcoming earnings report likely to impact price movements in the near term. Recent trends show analyst upgrades affecting stock prices quickly.

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