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business1d ago
Key facts: Bank of America sees trading demand rise; Morgan Stanley cuts BAC target
- Bank of America reports rising demand for trading services at a Goldman Sachs conference, signaling strong market conditions.
- Bank of America is engaging with peers on cryptocurrency legislation to help finalize a regulatory bill.
- Morgan Stanley trimmed Bank of America's target price from $70 to $68 per share.
- The updates reflect evolving market sentiment and trading activity around BAC amid broader bank sector dynamics.
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