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BARRON'S: Bank Of America Shares Are Going To $25 (BAC)

Business Insider - 22 Sep 2014 02:51
BARRON'S: Bank Of America Shares Are Going To $25 (BAC) Bank of America shares are going to $25. On Friday, the stock closed at $16.95.  In this weekend's edition of Barron's, Jack Hough writes that over the next three years, as penalties from the financial crisis that have been plaguing Bank of America finally dissipate, the stock could return more than 50% to shareholders.  Hough writes that earnings could hit $2 per share by 2017, and with fewer legal penalties and increasing dividends, shareholders could see returns of 50% -- or more -- over th...
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