Why Bank of America Stock Soared on Tuesday
Shares of Bank of America (NYSE: BAC) climbed 3.9% in regular trading on Tuesday as confidence seemed to grow over the fate of the tax bill making its way through the Senate.
Earlier in the day, the Senate Budget Committee voted along party lines (12-11) to advance the tax bill through to the Senate floor.
Bank of America Plaza in Los Angeles, California. Image source: Getty Images.
Source: Fool.com
Bank of America Corp. Stock
€38.43
-0.820%
Our community is currently high on Bank of America Corp. with 27 Buy predictions and 5 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 9.3% compared to the current price of 38.43 € for Bank of America Corp..
