Down 25% YTD, Bank of America Stock Is Pressured By Low Interest Rates
- Monday, November 16, 2020, 7:15
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Although Bank of America stock has gained around 50% since the March bottom, it is still down 26% YTD. Trefis estimates Bank of America’s valuation to be around $29 per share – around 10% above the current market price. The banking giant is one of the largest U.S banks in terms of total assets…