Bank of America (BAC) is a top high volume stock to buy now with Truist raising price target to $58 from $56 and maintaining Buy rating due to increased profit estimates and robust fee growth offsetting higher spending. Keefe Bruyette also raised price target to $64 from $58 on December 17.

Morgan Stanley lowered BofA’s price target to $68 from $70 on December 12 due to decreased earnings estimates for Q4 2025 and 2027. Revenue from equities trading was increased to balance lower investment banking fees and higher expenses.

Portland Timbers announced a partnership with BofA as front-of-jersey sponsor starting in 2026, focusing on community impact through the ‘Soccer with Us’ initiative to increase access to the sport in Oregon and Southwest Washington.

Bank of America offers financial products and services globally, but AI stocks may provide greater upside potential with lower risk. Consider investing in undervalued AI stocks for significant benefits from Trump-era tariffs and onshoring trends.

Read more at Yahoo Finance: Truist Raises BofA (BAC) Profit Estimates on Robust Fee Growth Outlook