JPMorgan Cuts Bank of America Price Target to $62
JPMorgan analyst reduced the price target for Bank of America to $62.00 per share from $68.00.
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U.S. data weakens as yields rise and stocks split
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.