Bank of America Corporation $BAC Shares Sold by Rathbones Group PLC

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Rathbones Group PLC recently trimmed its stake in Bank of America by 1.2%, selling 11,535 shares. While insiders have been net sellers, institutional ownership of BAC stock stands at about 70.71%, with some institutions significantly increasing their holdings. Analysts maintain a “Moderate Buy” consensus rating for Bank of America, with a consensus price target of $59.54.

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