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bank of america sees institutional investment growth and analyst upgrades
Insiders hold 0.29% of Bank of America's stock, while institutional investors own 70.71%. Recent upgrades from UBS and Citigroup have raised the stock's price targets, with a consensus rating of "Moderate Buy" and an average target price of $46.97. The company reported $0.81 EPS for the last quarter, exceeding estimates, and has a market cap of $348.27 billion. Major shareholder Berkshire Hathaway sold over 4 million shares, reducing its stake slightly.
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