Interval Partners LP Raises Stock Holdings in Bank of America Corporation $BAC

Interval Partners LP increased its stake in Bank of America Corporation by 158.3% in the third quarter, bringing its total holdings to 377,637 shares valued at $19.48 million. Several other hedge funds also adjusted their positions in BAC, while analysts have given the stock a “Moderate Buy” consensus rating with an average price target of $60.30. Recent news for Bank of America includes positive sentiment around brand initiatives and product partnerships, neutral sentiment regarding routine dividend payments, and negative sentiment due to strategist warnings about market behavior resembling 2008 and high-profile selling by investors like Warren Buffett.