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Raising Our Fair Value Estimate for Bank of America

publication date: Apr 18, 2019
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Image shown: Valuentum's fair value estimates for its banks and money center coverage. We've raised our fair value estimate of Bank of America.

The only thing not to like with Bank of America is that banks are cyclical and the economy is overdue for a downturn. Everything else is going right at Bank of America. We have raised our fair value estimate for Bank of America to $35 per share.

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