Best. Day. Ever.
Both Goldman’s Richard Ramsden and Deutsche Bank’s Matt O’Connor cited Bank of America’s stock as a top pick and expect it to rise on the back of its first-quarter earnings. Messers. Ramsden and O’Connor mostly like Bank of America’s stock because it has been battered this year, falling nearly 14% in 2015 compared to the KBW Bank Index, which has dropped 4%.
Goldman, Deutsche Bank Cite Bank of America as a Top Stock Pick [WSJ MoneyBeat blog]