Synergy Asset Management LLC Sells 100,872 Shares of Bank of America Corporation $BAC

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Synergy Asset Management LLC significantly reduced its stake in Bank of America Corporation (NYSE:BAC) by 82.4% in the fourth quarter, selling 100,872 shares. Following this transaction, the firm now holds 21,557 shares valued at approximately $1.19 million. Bank of America currently holds a consensus “Moderate Buy” rating from analysts with an average target price of $59.88, despite recent insider selling and some negative sentiment from a Goldman Sachs price target reduction.

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