Bank of America Corporation (NYSE:BAC) notched a 3.95% intraday gain moving at $27.64. When the opening bell rang, the price was $26.62. The number of shares that were traded during the day was 95.54 million, which corresponds to its 3-month volume average of 63.92 million shares a day.Bank of America Corporation (BAC) Analyst Opinion
Bank of America Corporation has a consensus outperform rating from 32 Wall Street analysts, and the number of shares currently sold short amount to at least 1.23% of shares outstanding. The stock sank -0.58% last month and is up 25.07 this year. Wall Street is only getting more bullish on the stock, with 24 of analysts who cover BAC having a buy-equivalent rating. Analysts have placed a $28.32 price target on Bank of America Corporation, suggesting a 2.46% gain from recent close. It’s currently trading about -1.22% below its 52-week high.
Bank of America Corporation (BAC) surprised the stock market in its last reported earnings when it earned $0.48 a piece versus the consensus-estimated $0.45. Its revenue totaled $21.98 billion down -4.73% from the previous quarter.Bank of America Corporation (NYSE:BAC) Intraday View
This stock (BAC) is ahead of its 52-week low with 36.49%. Its last month’s stock price volatility remained 1.65% which for the week stands at 1.6%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.55% and stays 4.8% away from its 50 days moving average. Over the last five days, shares have managed 3.37% gains and now is up 12.89% since hitting its 200-day moving average of $24.72. Bank of America Corporation (BAC) has made its way to a 12-month gain of 36.16%.
Turning to Yext, Inc. (NYSE:YEXT), its shares were trading at $14.62 a gain of $0.7, on the trading floor. The stock, after opening at $13.98, touched a high of $14.73 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. Yext, Inc. has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -3.24% from its high of $15.11 to a $1.25 billion market value through last close.
The company’s consensus rating on Reuter’s scale remained unchanged from 2.4 to 2.4 during a month. Analysts set a 12-month price target of $16 a share. The target implies a 9.44% spike from where the shares are currently trading. Also, the current price highlights a discount of 23.12% to analysts’ high consensus price target.Yext, Inc. (NYSE:YEXT) Intraday Trading
The counter witnessed a trading volume of 1.05 million shares versus an average volume of 0.31 million shares during last trading session. Its last month’s stock price volatility remained 3.44% which for the week approaches 3.34%. The lowest price the stock reached in the last trading day was $13.86 and compares with the $11.12 52-week low. The stock recovered 31.47% since its low point and has performed 9.02% year-to-date.