UBS Was So Impressed With Buffett's Investment It Took BAC Off Its 'Only If We Had To' List

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This was the validation they were looking for.

UBS has removed the stock from its “Least Preferred” list, noting: Removing Bank of America from the Least Preferred list. The investment from Berkshire is likely to restore confidence in BAC shares, which was a key component of our expectation for the stock to remain weak.

Analysts Divided On Buffett Rescue [Deal Journal]