Rating Change
TD Cowen analysts initiated coverage on Bank of America Corporation PFD SER B 7% (OTC:BACRP) with a rating of Hold on October 08, 2026.
new coverageOTC:BACRP
TD Cowen Initiates Coverage on Bank of America Corporation PFD SER B 7% (BACRP) with Hold
TD Cowen analysts initiated coverage on Bank of America Corporation PFD SER B 7% (OTC:BACRP) with a rating of Hold on October 08, 2026.
At publication ·
What changed
Bank of America Corporation PFD SER B 7% (OTC:BACRP) · new coverage
- Firm
- TD Cowen
- Rating
- Hold
- Price at event
- $300.00
- Market capitalization
- $1.8T
At a glance
Key takeaways
- TD Cowen initiated Hold coverage on Bank of America's Series B 7% preferred shares (BACRP) trading at $300.00 per share on October 8, 2026.
Market Context
Bank of America Corporation PFD SER B 7% operates in the Financial Services sector. The stock currently trades at $300.00 with a market capitalization of $1789.1B.
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 PFD SER B 7%.
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 PFD SER B 7%
Among the 10 most recent ratings: 8 Buy, 2 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 | Truist Securities | Buy | N/A |
| Oct 01, 2026 | Evercore ISI Group | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View BACRP Stock Page
Frequently Asked Questions
What does the Hold rating mean for BACRP?
A rating of Hold from TD Cowen reflects the analyst's outlook on Bank of America Corporation PFD SER B 7% (OTC:BACRP). 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 BACRP forecast page.
