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Gold Prices Set To Climb To $3,000 On Fed Rate Cuts, Geopolitical Tensions, Bank of America Says
Monday, June 24, 2024 - 9:28am | 780Read More...Gold prices could skyrocket to $3,000 per ounce within the next 12 to 18 months, according to Bank of America’s latest analysis. Michael Widmer, a commodity strategist at the bank, suggests that a combination of factors — increasing investment demand, geopolitical tensions, Federal Reserve...
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Why Bank Of America Went Bullish On Alcoa
Tuesday, September 8, 2015 - 12:56pm | 254Read More...Alcoa Inc (NYSE: AA) is down 38.5 percent year-to-date. Timna Tanners, analyst with Bank of America Merrill Lynch, upgraded Alcoa to Buy with a $12 price target. Tanners based the firm's stance on the opinion that aluminum prices have lost "relevance" to Alcoa's share price. Bank of America...
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Bank Of America Downgrades Alcoa, Cites 'Worsening Aluminum Fundamentals'
Wednesday, March 4, 2015 - 10:49am | 236Read More...In a report published Wednesday, Bank Of America analyst Timna Tanners cited "worsening aluminum fundamentals" as a reason to downgrade Alcoa Inc (NYSE: AA) to Neutral from Buy with a price target lowered to $17 from a previous $20. Tanners noted that pressure from LME warehouse rules...
