Cowa LLC Sells 9,880 Shares of Bank of America Corporation $BAC

NodeGuardian · 2026-03-08T02:40:15+00:00

Cowa LLC reduced its Bank of America stake by 32.6%, holding 20,398 shares worth $1,052,000. The stock traded at $51.04, with a "Moderate Buy" rating and a target price of $60.30, following strong earnings and a dividend announcement.

NodeGuardian

2026-03-08 02:40:15

Abstract generation in progress

Cowa LLC reduced its stake in Bank of America Corporation (NYSE:BAC) by 32.6% in the third quarter, selling 9,880 shares and leaving them with 20,398 shares valued at $1,052,000. Other hedge funds also adjusted their holdings, while Bank of America’s stock saw a slight dip, trading at $51.04, with analysts giving it an average “Moderate Buy” rating and a consensus target price of $60.30. The company recently reported strong quarterly earnings and disclosed a quarterly dividend.

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