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      Truist Securities Lowers Price Target for Bank of America

      Truist Securities has adjusted its price target for Bank of America Corporation, reducing it from $60 to $57. This change reflects ongoing valuation concerns regarding the bank's performance in the current market environment.

      Despite the lowered target, Bank of America is still considered a favorable investment option by some analysts, being categorized among the 'Ridiculously Cheap Stocks' to buy. Truist's revision indicates a cautious outlook as the firm evaluates the bank's financial standing and market conditions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud