BofA

On Friday, Bank of America (BofA) revised its forecast for the currency pair, now expecting it to reach 1.12 by the end of the year, down from the previously anticipated 1.15. The adjustment follows a change in the Federal Reserve's…

Justin Sullivan/Getty Images News The future of Intel (NASDAQ:INTC) is largely tied to Chief Executive Pat Gelsinger's vision to turn the chip giant into a semiconductor foundry and compete with Taiwan Semiconductor (TSM) and others in…

Higher prices support the , and the recent rise in commodity barrel prices brings greater risks for those who foresee a lower American currency globally by year-end. That's according to the Bank of America (BofA), in a note sent to clients…

(Reuters) - Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) on Friday both urged Bank of America to split the CEO and chairman roles held by Brian Moynihan. "Appointment of a chair of the board who is independent of…

Yuichiro Chino/Getty ImagesThere's more to the stock market's AI trade than just buying Nvidia, according to Bank of America.The bank highlighted three second-tier winners that should benefit from the growing adoption of AI."Rising tide…

BofA analyzes the short-lived USD selloff following the March FOMC meeting, attributing the initial decline to several perceived dovish indicators from the Fed. However, subsequent dovish actions or communications from other G10 central…

BofA forecasts that the upcoming March FOMC meeting will present an updated outlook showcasing stronger economic growth and persistent inflation, while unemployment rates stay near historic lows. Despite these adjustments, the expectation…

© Reuters. On Wednesday, BofA Securities began its coverage of Merit Medical Systems , Inc. (NASDAQ: NASDAQ:), assigning a Neutral rating with a price target of $87.00. The target suggests a 10% upside potential from the current…

© Reuters. MercadoLibre (MELI) earnings power 'considerable' - BofA MercadoLibre (NASDAQ:) has considerable earnings power, according to Bank of America analysts in a note to clients Thursday. The analysts reiterated a Buy…

Shutthiphong Chandaeng Meta Platforms (META) is BofA's top pick among large-caps for the online media sector in 2024, with the brokerage preferring Pinterest (PINS) among mid-caps. BofA raised META's PT from $384 to $405, and PINS' PT…