UBS analyst Erika Najarian has singled out Bank of America Corp.’s stock as an overlooked bargain that could rise about 20% in 2025. Najarian on Tuesday upgraded Bank of America Corp.’s stock to buy from neutral and lifted her 12-month price target to $53 a share from $43 a share.

Bank of America ( BAC 0.09%) shareholders have plenty to celebrate heading into 2025. The combination of a resilient economy, climbing financial asset prices, and optimism toward lending conditions have propelled the stock to a fantastic 31% return during the past year.

Artificial intelligence technology has been a major driver of the bull market over the past couple of years. Technology firms, especially the

Both HSBC and UBS upgraded Bank of America (NYSE:BAC) to Buy, both citing the higher-for-longer rate environment as benefiting the money center bank. "Rate backdrop, investment banking landscape, and regulatory easing provide favorable earnings backdrop,