Rating Change
TD Cowen analysts initiated coverage on Bank of America Corporation (NYSE:BAC) with a rating of Hold on October 08, 2026.
new coverageNYSE:BAC
TD Cowen Initiates Coverage on Bank of America Corporation (BAC) with Hold
TD Cowen analysts initiated coverage on Bank of America Corporation (NYSE:BAC) with a rating of Hold on October 08, 2026.
At publication ·
What changed
Bank of America Corporation (NYSE:BAC) · new coverage
- Firm
- TD Cowen
- Rating
- Hold
- Price at event
- $53.61
- Market capitalization
- $398.5B
At a glance
Key takeaways
- TD Cowen initiated Hold coverage on Bank of America (BAC) trading at $53.61 with a $398.5B market cap on October 8, 2026.
- BAC stock declined 4.2% over the past 52 weeks amid coverage from multiple analysts.
Market Context
Bank of America Corporation operates in the Financial Services sector. The stock currently trades at $53.61 with a market capitalization of $398.5B. The stock has declined 4.2% over the past 52 weeks.
Analyst coverage from TD Cowen provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Bank of America Corporation.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Bank of America Corporation
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 08, 2026 | TD Cowen | Hold | N/A |
| Oct 05, 2026 | UBS | Buy | N/A |
| Oct 02, 2026 | JP Morgan | Overweight | N/A |
| Oct 01, 2026 | Evercore ISI Group | Outperform | N/A |
| Oct 01, 2026 | Truist Securities | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View BAC Stock Page
Frequently Asked Questions
What does the Hold rating mean for BAC?
A rating of Hold from TD Cowen reflects the analyst's outlook on Bank of America Corporation (NYSE:BAC). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the BAC forecast page.
