Mortgage Blog


August 22nd, 2014 1:23 PM by Eric Fang

Suddenly want to talk about this company.
Is it because they just settled the DOJ
for $16.65B, Or was it because the news that
this bank finally decided to have salary increase
for the junior bankers?

Or BOFA increased the dividend from 1 cent to 5 cents
and someone claimed that this was a 400% increase?
I do not know. But it seems like that the bad news was
all out, and Sandler O'Neill + Partners raised the price target
for this stock, by $1. From $16 to $17. I am very interested
to know what prompts them to increase the target, and how
do they calculated it is $1?
Posted in:General
Posted by Eric Fang on August 22nd, 2014 1:23 PM



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