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Fagan Associates Inc. Purchases 13,818 Shares of Bank of America Corporation $BAC
Fagan Associates Inc. increased its stake in Bank of America Corporation (NYSE:BAC) by 7.4% during the third quarter, purchasing an additional 13,818 shares, bringing their total holdings to 201,667 shares valued at over $10.4 million. This move is part of broader institutional investor activity, although some insiders have recently sold shares. Wall Street analysts maintain a “Moderate Buy” consensus rating for Bank of America, with an average target price of $60.30.