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