Here are Thursday's biggest calls on Wall Street: Wells Fargo reiterates Bank of America as overweight Wells Fargo raised its price target on Bank of America to $44 per share from $40. "We nudge 1Q24 EPS higher owing to better than previously est. capital mkts, partially offset by est.
charge." Bernstein reiterates Apple as market perform Bernstein said it's getting "more constructive" on the stock but is sticking with its market perform rating. "On net, we are more constructive on AAPL given its relative underperformance year-to-date, poor investor sentiment, and our belief that its fundamental business and financial model are intact." HSBC downgrades Bank of America to hold from buy HSBC downgraded Bank of America mainly on valuation.
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