BAC is trading at -3.06% now at $55.50 after Wolfe Research downgraded the stock to Peer Perform from Outperform, citing valuation concerns and 2026 expense growth risks.
- The move reflects broader financial sector pressure in a mixed market, aligning with the Dow Jones down 0.96%.
- Q4 earnings are scheduled for January 14, with positive consensus but some bearish analyst revisions noted ahead of the release.