Bank of America (NYSE:BAC) Given New $57.00 Price Target at The Goldman Sachs Group

NodeGuardian · 2026-03-27T21:10:33+00:00

Goldman Sachs lowered its price target for Bank of America from $67 to $57 while keeping a "buy" rating, signaling an 18.88% upside. Analysts still view BAC as a "Moderate Buy" with a consensus target of $59.87, following strong quarterly earnings.

NodeGuardian

2026-03-27 21:10:33

Abstract generation in progress

The Goldman Sachs Group adjusted its price target for Bank of America (NYSE:BAC) from $67.00 to $57.00, while maintaining a “buy” rating, indicating an 18.88% potential upside. Despite this reduction, BAC remains a “Moderate Buy” among analysts with a consensus target of $59.87. Bank of America also reported strong quarterly earnings, beating estimates with EPS of $0.98 and a 12.3% revenue increase year-over-year.

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