Bank of America Price Target Lowered by Autonomous Research

Analysts cite economic headwinds in reducing their price target for the financial services giant.

Apr. 6, 2026 at 1:24pm

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Autonomous Research has lowered its price target for Bank of America (NYSE: BAC) from $62.00 to $54.00 per share, while maintaining a 'neutral' rating on the stock. The research firm cited economic headwinds and market uncertainty as factors behind the reduced target.

Why it matters

Bank of America is one of the largest and most influential financial institutions in the United States, so changes to its stock price target can have broader implications for the banking sector and the overall economy. Analysts' views on the company's performance and outlook provide insight into the health of the financial industry.

The details

In a research note, Autonomous Research analysts said they have reduced their price target for Bank of America from $62.00 to $54.00 per share, while keeping a 'neutral' rating on the stock. The new target price represents a potential upside of 9.39% from the company's current trading price. The analysts cited economic headwinds and market uncertainty as factors behind the lowered target.

  • Autonomous Research issued the updated price target on Monday, April 6, 2026.

The players

Autonomous Research

An independent equity research firm that provides analysis on the banking and financial services industry.

Bank of America

A multinational financial services company headquartered in Charlotte, North Carolina, providing a range of banking, investment, and risk management products and services.

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The takeaway

The lowered price target from Autonomous Research reflects broader economic uncertainty and challenges facing the banking industry, which could impact Bank of America's performance and investor sentiment around the stock.