Tag: BofA

This BoFA Analyst Thinks SPX Can Hit 5,000 in 2024

Financial institution of America's Savita Subramanian projected the to peak at 5,000 in 2024, marking one of the vital upbeat forecasts. Financial institution of America (BofA) strategist Savita Subramanian and her workforce of...

BofA: USD/JPY dips to stay shallow; three causes for concentrating on 147 by September

Financial institution of America (BofA) outlines three main the reason why dips within the USDJPY change fee are more likely to be each shallow and short-lived. Regardless of the Financial institution of Japan's...

MercadoLibre: Purchase The Rumors – Thank BofA For The Pullback (NASDAQ:MELI)

Nonetheless, we imagine that the pullback might not be over but, with MELI at the moment retesting its January 2023 help stage of $1.1K. Relying on how the market sentiments shift over...

Playa Accommodations slides after BofA flips from being a bull to a bear

Playa Accommodations & Resorts N.V. (NASDAQ:PLYA) fell in early buying and selling on Monday after Financial institution of America moved straight to an Underperform score on the leisure inventory after having...

“Inflation shock” is over, it’s all about “peaks” subsequent 12 months – BofA

The most recent notes out of BofA says that we at the moment are within the transition interval from the 2022 bear narrative, that was encapsulated by "inflation shock, charges shock, recession shock",...

AUD: RBA to stick to 25bps hike: market implications – BofA

Bank of America Global Research discusses its reaction to tonight's RBA policy meeting."We expect the RBA to stick to its gradual 25bp hiking pace and raise the cash rate by 25bp on 1...

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