Evercore Adjusts BofA Estimates, Moody’s Hits Petrobras Debt, and 3 More Hot Stocks

Bank of America Corp. (NYSE:BAC): Evercore analyst Andrew Marquardt has made some adjustments to his Bank of America projections, with core earnings per share now at 23 cents, still ahead of the Street consensus of 20 cents but below the 25 cents in the second quarter. ”On a reported basis we expect [third quarter] EPS of $0.15,” he added. The firm keeps a $16 price target on the shares.

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