Is Bank Of America Stock Undervalued?
- Thursday, March 24, 2022, 7:31
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Bank of America’s stock is down marginally YTD as compared to the 5% drop in the S&P500 index over the same period. Further, at its current price of $44 per share, it is trading 12% below its fair value of $50 – Trefis’ estimate for Bank of America’s valuation. The bank recently released their…
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