Bank of America Corporation (NYSE:BAC) is highlighted among the 10 Cash-Rich Stocks to Buy Now. Keefe Bruyette analyst raised BAC’s price target to $64 from $58, maintaining an Outperform rating after recent meetings with management. Bank of America will allow wealth advisers to recommend crypto allocations in client portfolios starting January 5. Clients with certain asset thresholds have had access to bitcoin ETFs since early 2024. Chief Investment Officer for Merrill and Bank of America Private Bank suggests a 1% to 4% allocation in digital assets for interested investors.

Read more at Yahoo Finance: Bank of America (BAC) Estimates Refreshed After Keefe Bruyette Review