# Bank of America

Type: Company (BAC)

Source: GetYourBrief — https://getyourbrief.com/entity/bank-of-america-company
Canonical HTML page: https://getyourbrief.com/entity/bank-of-america-company

## Timeline

- **2027-Q4**: CP2 Final Investment Decision — Anticipated milestone for the next-generation CP2 project expansion.
- **2026-08-10**: AECOM Reports Q2 Loss and Issues FY2026 Guidance — AECOM posted a Q2 loss of $0.50 per share on $3.59B revenue and guided FY2026 EPS to $3.95-$4.15, far below consensus.
- **2026-08-10**: Amentum Updates FY2026 Guidance — Amentum guided FY2026 EPS to $2.40-$2.50 and revenue to $13.8B-$14.0B, missing revenue consensus.
- **2026-08-05**: Senate report released — Democrats on the Senate Finance Committee publish a report detailing the banks’ roles in facilitating Epstein’s financial activities.
- **2026-07-21**: Zacks Upgrades Amentum — Zacks Research upgraded Amentum from 'hold' to 'strong-buy'.
- **2026-07-20**: Bank of America Cuts Amentum Target — Bank of America lowered its price target on Amentum to $30 from $35, keeping a neutral rating.
- **2026-07-16**: JPMorgan Cuts Target; Stock Jumps — JPMorgan reduced its PG price target from $164 to $162 with an Overweight rating; P&G declared a $1.0885 dividend and the stock rose 2.3% on cost‑cut news.
- **2026-07-10**: Bank of America Revises Down — Bank of America lowered its PG price objective from $170 to $166, keeping a Buy rating.
- **2026-07-08**: Wells Fargo Cuts Target to $70 — Wells Fargo & Company lowers Freshpet’s price target from $75.00 to $70.00, keeping an Overweight rating, implying 28.42% upside.
- **2026-07-08**: BofA extends $520M loan to OpenAI — Bank of America provides its first $520 million credit line to OpenAI ahead of the company's planned IPO.
- **2026-07-01**: Bank of America Lowers Target — Bank of America reduces its price target from $75.00 to $70.00 and maintains a Neutral rating.
- **2026-07-01**: AECOM Ex-Dividend Date — AECOM's $0.31 quarterly dividend went ex-dividend on July 1, paid on July 17.
- **2026-06-23**: Weiss Downgrades Amentum — Weiss Ratings lowered Amentum from 'hold (c)' to 'hold (c-)'.
- **2026-06-15**: Zhipu stock surges 33% — Knowledge Atlas Technology shares jump up to 48% before closing 33% higher at HK$1,461 ($186). JPMorgan raises target price to HK$1,400 and BofA initiates coverage with a buy rating and HK$1,250 target.
- **2026-06-15**: Piper Sandler Stays Overweight — Piper Sandler reaffirms an Overweight rating on Freshpet shares.

## Recent coverage (20 stories, network-wide)

### CIBC adds 1 AI-focused director: ex-ADP product chief joins board
2026-08-21 01:35:05 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

CIBC's appointment of Prasanna Gopalakrishnan signals that technology and AI governance are now board-level priorities for Canadian banks. Her background spans ADP, Sky, and Bank of America retail banking, bringing product and operational depth.
Full story: https://getfinancebrief.com/story/cibc-board-ai-governance-gopalakrishnan

### MUFG Cuts Nike 22.3% to $19.95M, Zoetis 6.4% to $15.38M
2026-08-17 01:14:54 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Mitsubishi UFJ's Q2 13F shows a 22.3% reduction in Nike and 6.4% in Zoetis, just as sell-side targets on NKE cluster at $42–$47. For finance professionals, the filings highlight institutional rebalancing, ownership concentration, and analyst caution as key sentiment signals.
Full story: https://getfinancebrief.com/story/mufg-cuts-nike-zoetis-13f-holdings

### AECOM Guides FY2026 EPS 32% Below Consensus, Amentum Revenue Misses
2026-08-12 09:22:34 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Engineering services giants AECOM and Amentum both released disappointing FY2026 outlooks on August 10, 2026. AECOM's EPS guidance of $3.95–$4.15 was far below the $5.97 consensus, while Amentum's revenue guidance missed estimates by up to $400 million. The news sent both stocks lower, deepening recent slumps.
Full story: https://getfinancebrief.com/story/aecom-amentum-fy2026-guidance-disappoints-investors

### Amazon Stock Up 9.5% as Cramer Cites Hyperscaler Shift, Prime Day Boost
2026-08-10 17:21:27 · Sector: retail · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Jim Cramer attributes Amazon’s recent stock movement to a market rotation into hyperscaler stocks, while Prime Day sell-through data signals accelerating e-commerce demand. With Bank of America and TD Cowen issuing bullish notes, the retail and cloud giant is positioned for a strong Q2, potentially hitting $200B in revenue.
Full story: https://getretailbrief.com/story/amazon-cramer-hyperscaler-prime-day-retail-impact

### Banks Processed Over $1.1B in Epstein Transactions, Report Says
2026-08-05 22:42:45 · Sector: finance · Sentiment: Negative · Impact: 8/10 · Sources: 2

A new Senate report exposes that JPMorgan, Deutsche Bank, and Bank of America permitted more than $1.1 billion in suspicious transfers by Jeffrey Epstein, raising the specter of massive regulatory fines, litigation, and stricter AML rules for the financial industry.
Full story: https://getfinancebrief.com/story/banks-epstein-transactions-finance-regulation

### $1.1B in Red Flags: Senate Report Exposes Banks' Epstein AML Violations
2026-08-05 22:41:37 · Sector: legal · Sentiment: Negative · Impact: 8/10 · Sources: 2

A Senate Finance Committee report reveals that JPMorgan, Deutsche Bank, and Bank of America ignored blatant AML red flags over two decades, processing over $1.1 billion in suspicious Epstein transactions. The findings expose the banks to substantial civil and criminal liability under the Bank Secrecy Act.
Full story: https://getlegalbrief.com/story/senate-epstein-banks-legal-liability

### CBRE Ups FY2026 EPS View to $7.80-$7.90 as Real Estate Tech Demand Booms
2026-08-05 14:17:03 · Sector: proptech · Sentiment: Neutral · Impact: 5/10 · Sources: 2

CBRE Group's above-consensus EPS guidance underscores the commercial real estate sector's momentum, driven by technology-driven services. For PropTech startups and investors, it signals growing client spending on smart buildings, data analytics, and digital brokerage platforms.
Full story: https://getproptechbrief.com/story/cbre-fy2026-guidance-proptech

### Teva's $1.91-$2.11 EPS Guidance Misses Consensus, Testing Pharma Resilience
2026-08-05 14:16:51 · Sector: health · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Teva Pharmaceutical's FY2026 EPS guidance fell short of the $2.17 consensus, while revenue projections of $16.5-$16.9B matched expectations. For healthcare leaders, the miss underscores ongoing generic drug pricing pressures and the importance of a diversified pipeline.
Full story: https://gethealthbrief.com/story/teva-fy2026-guidance-health

### Teva's $1.91-$2.11 EPS Outlook Misses as Biotech Investors Weigh Risk-Reward
2026-08-05 14:16:40 · Sector: bio · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Teva's fiscal 2026 EPS guidance, well below the Street's $2.17, raises red flags for biotech and pharma investors. However, a $42 average price target and stable revenue suggest a value play if the biosimilar pipeline delivers.
Full story: https://getbiobrief.com/story/teva-fy2026-guidance-biotech

### Novavax Cut to Sell by Wall Street Zen as Stock Trades at $7.41
2026-08-04 12:11:39 · Sector: health · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Wall Street Zen downgraded vaccine maker Novavax to sell, raising alarms in the healthcare sector. The stock traded at $7.41, far below its $13 consensus target, with a negative P/E of -12.78.
Full story: https://gethealthbrief.com/story/novavax-sell-downgrade-wall-street-zen-health

### Wall Street Zen Slaps Sell Ratings on CME, Novavax, and SNDL – 3 Stocks to Watch
2026-08-04 12:11:28 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

In a single day, Wall Street Zen downgraded CME Group to strong sell, and Novavax and SNDL to sell, sending bearish signals across exchanges, biotech, and cannabis. Markets digest the calls amid wide analyst disagreement.
Full story: https://getfinancebrief.com/story/wall-street-zen-downgrades-cme-nvax-sndl-finance

### Biotech Sell-Off: Novavax Downgraded to Sell Despite Revenue Beat
2026-08-04 12:11:16 · Sector: bio · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Novavax was slapped with a sell rating by Wall Street Zen, even after beating Q1 revenue estimates by 49%. The downgrade highlights biotech skepticism toward small-cap vaccine players in a shifting market.
Full story: https://getbiobrief.com/story/novavax-sell-downgrade-biotech-pharma

### SOUN Stock: $12.75 Avg Target Ahead of Q2 Earnings — 100%+ Upside?
2026-08-03 00:49:56 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

SoundHound AI (SOUN) and NuScale Power (SMR) report earnings August 5, both down sharply in 2026 but backed by bullish analyst targets. SoundHound’s average target of $12.75 implies over 100% upside, while NuScale eyes a $10 trillion nuclear market. Key metrics on cross-selling and project execution could ignite rallies.
Full story: https://getfinancebrief.com/story/soundhound-ai-earnings-stock-price-target-august-5

### NuScale's $10T Nuclear Bet: Aug. 5 Earnings to Test SMR Momentum
2026-08-03 00:49:50 · Sector: climate · Sentiment: Neutral · Impact: 5/10 · Sources: 2

As AI's energy demands soar, NuScale Power's Q2 earnings could prove pivotal for the nuclear small modular reactor sector. The sole U.S.-cleared SMR company faces execution risks but holds a massive project pipeline, including a 6 GW system. Positive updates may accelerate the clean energy transition.
Full story: https://getclimatebrief.com/story/nuscale-nuclear-earnings-climate-opportunity

### SoundHound AI's Voice Cross-Selling Put to the Test in Q2 Earnings
2026-08-03 00:49:43 · Sector: ai · Sentiment: Neutral · Impact: 5/10 · Sources: 2

SoundHound AI's second-quarter earnings on August 5 will gauge whether its strategy of cross-selling voice AI products—bolstered by the Amelia acquisition—is delivering accelerated growth. As AI voice interfaces expand across industries, this report could validate the company's enterprise pivot amid a 40% stock decline.
Full story: https://getaibrief.com/story/soundhound-ai-voice-cross-selling-q2-earnings

### Bank of America's MDSec Deal: Undisclosed Price, but 65 Cyber Experts Could Yield Big Savings
2026-07-30 22:01:58 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Bank of America's purchase of cybersecurity consultancy MDSec underscores a strategic investment in risk mitigation. While the price remains secret, the addition of 65 in-house specialists could lower long-term breach costs and regulatory fines, appealing to cost-conscious investors.
Full story: https://getfinancebrief.com/story/bank-of-america-mdssec-financial-impact

### Meta’s AI ad tools cut CPA by 20%+ as SaaS-like platform nears Q2 beat
2026-07-27 11:10:17 · Sector: saas · Sentiment: Positive · Impact: 7/10 · Sources: 2

Meta’s momentum ahead of Q2 earnings highlights the SaaS-style value of its AI-powered advertising stack. BofA expects a revenue beat driven by Advantage+ campaigns that deliver over 20% lower cost per action, illustrating how Meta is becoming an essential enterprise marketing platform.
Full story: https://getsaasbrief.com/story/meta-q2-earnings-bofa-ai-saas

### Meta Q2 ad revenue could surge 15% as BofA predicts earnings beat
2026-07-27 11:10:11 · Sector: marketing · Sentiment: Positive · Impact: 7/10 · Sources: 2

Bank of America expects Meta to exceed Q2 2026 earnings forecasts, driven by double-digit advertising revenue growth fueled by Reels, Advantage+ AI campaigns, and expanding click-to-message ad formats. This preview signals robust demand for Meta's ad products despite a competitive landscape.
Full story: https://getmarketingbrief.com/story/meta-q2-ad-revenue-bofa-preview-marketing

### Meta stock targets $780 as BofA sees Q2 earnings beat, 15% ad growth
2026-07-27 11:10:05 · Sector: finance · Sentiment: Positive · Impact: 7/10 · Sources: 2

Bank of America projects Meta will surpass Q2 2026 earnings estimates on the strength of 15% advertising revenue growth. With a bullish rating and lofty price target, BofA’s note sets the stage for a positive earnings event that could lift META shares.
Full story: https://getfinancebrief.com/story/meta-q2-earnings-bofafinance

### SpaceX $2.1 Trillion IPO to Reshape Space Sector Investing via Index Funds
2026-07-25 23:01:05 · Sector: space · Sentiment: Neutral · Impact: 6/10 · Sources: 4

SpaceX's record-breaking public listing, with a market cap of $2.1 trillion, will soon make it a core holding in major indices, cementing space as a mainstream investment category for passive strategies and potentially transforming the sector's capital flows.
Full story: https://getspacebrief.com/story/space-spacex-ipo-index-funds-401k

---
This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getyourbrief.com/guides/methodology for the full editorial methodology.