Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Bank of America Corporation Hits Price Target Forecast with 17.62% Profit

November 06, 2024
QuantWave, the leading automated forecasting platform, has once again showcased its accuracy in predicting stock movements with the achievement of the price target forecast for Bank of America Corporation. The forecast signal, issued on June 11, 2024, indicated a long position with the stock trading at $38.15. Fast forward to November 6, 2024, the target price of $44.88 was hit, resulting in a profitable return of 17.62%.

This success underscores the effectiveness of QuantWave's analytics in providing valuable insights to investors. Market analysis suggests that factors such as positive earnings reports, favorable economic conditions, and increasing investor confidence contributed to Bank of America Corporation's upward trajectory. The achievement of this forecast not only highlights QuantWave's capabilities in generating profitable trading signals but also demonstrates the platform's ability to adapt to changing market dynamics.

QuantWave offers users access to forecasts for a wide range of stocks, presenting lucrative opportunities for potential profits. For investors seeking to deepen their understanding of the investment strategy behind QuantWave's predictions, QuantSchool provides comprehensive educational resources. By delving into QuantSchool's professional investment framework, individuals can uncover the key principles for generating consistent income through the QuantWave forecasting system.
If you want to leave a comment, then you need Login or Register





Other data for BAC

Related data

BACJuly 16, 2025Bank of America Corporation NYSE:BAC Shares Acquired by Whelan Financial  ~1 min.

Whelan Financial recently acquired a significant stake in Bank of America Corporation, making a strategic move in the financial sector....


BACJuly 2, 2025Forecast Success: Bank of America Stock Hits Price Target with 32.68% Profit  ~1 min.

Bank of America Corporation's stock achieved a significant milestone as it reached the price target forecasted by QuantWave on July 2, 2025....


BACJuly 1, 2025BANK OF AMERICA CORPORATION Hits Price Target Forecast with 16.32% Profit  ~2 min.

On July 23, 2024, QuantWave generated a long signal for BANK OF AMERICA CORPORATION when the stock was trading at 41.4 $. Fast forward to July 1, 2025, and the predicted target of 48....


BACMarch 20, 2025Bank of America Corporation BAC Shows Promising Potential for Investors  ~2 min.

Bank of America Corporation (BAC) has been gaining significant attention from investors due to its strong performance and attractive dividends....


BACMarch 19, 2025Bank of America Corporation BAC Reports Strong Performance in Diverse Markets  ~2 min.

Bank of America Corporation (BAC) has recently attracted significant attention from investors due to its impressive performance in various markets....


BACMarch 17, 2025Bank of America Corporation BAC Reports Strong Quarter, Attracting Investor Attention  ~1 min.

Bank of America Corporation BAC recently released its quarterly earnings report, which has caught the attention of investors. The company reported a strong performance, exceeding market expectations....


BACMarch 15, 2025Bank of America Sees Diverse Sources of Strength, Says Yahoo Finance  ~1 min.

Bank of America Corporation (BAC) has reported a strong performance, benefiting from various sources of strength, according to a report by Yahoo Finance....


BACMarch 14, 2025Bank of America Corporation BAC Shows Strong Performance Amid Diverse Revenue Streams  ~2 min.

Bank of America Corporation (BAC), one of the leading financial institutions in the world, showcased its resilience with a strong performance driven by its diverse sources of strength....


BACMarch 10, 2025QuantWave Hits the Mark with Bank of America Forecast, Profiting 11.24%  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a short position for BANK OF AMERICA CORPORATION on November 6, 2024. The stock was priced at $44....


BACFebruary 28, 2025Bank of America Corporation BAC Continues to Break Records with Digital Interactions and Stock Performance  ~2 min.

Bank of America Corporation, commonly known as BAC, has emerged as a frontrunner in the banking industry....


BACApril 23, 2024QuantWave Forecasting Success: BANK OF AMERICA CORPORATION Hits Price Target with 16.47% Profit  ~1 min.

In an impressive display of forecasting accuracy, QuantWave's signal for BANK OF AMERICA CORPORATION issued on February 24, 2023, has reached its target price on April 23, 2024, yielding a profit of 16.47%. The stock was predicted to move in a long direction, and it achieved a final price of 37.45$ from an initial level of 32.15$. This successful forecast highlights the effectiveness of QuantWave'...


UNHJuly 17, 2024UNITEDHEALTH GROUP INC. Hits Price Target Forecast with 12.03% Profit — A Success Story for QuantWave  ~1 min.

UNITEDHEALTH GROUP INC. has seen a significant price movement in line with QuantWave's forecast, reaching the predicted target price with a profit of 12.03%....


CRMDecember 18, 2023SALESFORCE, INC. Stock Hits QuantWave's Price Target Forecast with 22.2% Profit  ~1 min.

SALESFORCE, INC. (CRM) investors rejoiced as QuantWave's forecast signal successfully reached its price target, delivering a substantial 22.2% profit....


AMZNApril 11, 2024QuantWave Achieves 27.33% Profit Target Forecast for Amazon.com, Inc.  ~1 min.

On January 3, 2024, QuantWave's automated forecasting platform generated a long signal for Amazon.com, Inc. (AMZN) when the stock was trading at 148.47 $....


NEMApril 11, 2025NEWMONT CORPORATION Stock Hits Forecast Price Target With 13.6% Profit  ~1 min.

On 27th March 2025, QuantWave's forecasting signal for NEWMONT CORPORATION indicated a long position with the stock trading at 48.16 $....