Bank of America Stock News

Bank of America Corp DE increased its stake in US Foods Holding Corp. (NYSE:USFD) by 25.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 465,932 shares of the companys stock after purchasing an additional 95,941 shares during the period. Bank of America []

Analysts at BMO Capital Markets began coverage on shares of Biogen (NASDAQ:BIIB) in a report released on Thursday, The Fly reports. The firm set an outperform rating on the biotechnology companys stock. Other analysts have also issued research reports about the company. Bank of America cut their price objective on Biogen from $400.00 to $360.00 []

Bank of America announced its foundation has awarded more than $6 million in grants to 65 Detroit area organizations that create pathways to employment, provide job training, support food access and distribution. This announcement is part of the bank''s annual Day of Giving (Nov. 18), which celebrates the full scope of the bank''s support to advance economic mobility throughout the City of Detroit.

Darlene Pasquill of Mizuho wins for Leadership; Hayley Boesky of BofA takes Lifetime Achievement; Positive Impact to Kate Burke of AB.

Equities research analysts at Piper Sandler began coverage on shares of Schrödinger (NASDAQ:SDGR) in a research note issued to investors on Thursday, The Fly reports. The brokerage set an overweight rating on the stock. Several other equities research analysts have also weighed in on SDGR. Bank of America lowered Schrödinger from a buy rating to []

Matador Resources Company (NYSE: MTDR ) ("Matador Resources", "Matador" or the "Company") announced today the closing of a new amended and restated credit agreement (the "Credit Agreement"). The Credit Agreement, which is dated November 18, 2021 and is more formally described as the Fourth Amended and Restated Credit Agreement, amends and restates that certain Third Amended and Restated Credit Agreement dated as of September 28, 2012 among MRC Energy Company, a wholly-owned subsidiary of the Company ("MRC"), as borrower; various lenders as individual parties thereto; Royal Bank of Canada, as administrative agent to the agreement; and Matador Resources as a guarantor. Under the Credit Agreement signed on November 18, 2021, the maturity date was extended by three years to October 31, 2026, from October 31, 2023 previously, unless accelerated earlier; the borrowing base was increased by 50% to $1.35 billion, as compared to $900 million previously; the elected borrowing commitment was reaffirmed at $700 million; and the maximum facility amount was reaffirmed at $1.5 billion.

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A source who works with Bank of America has disclosed a pilot program beginning Nov. 18 that plans to separate vaccinated from unvaccinated employees at an administration building in Jacksonville, Florida. The source, who asked to remain anonymous, told The Epoch Times that the program was initiated as a way to bring employees back to []

Equities researchers at Bank of America started coverage on shares of Cronos Group (NASDAQ:CRON) in a note issued to investors on Thursday. The firm set an underperform rating and a $5.00 price target on the stock. Bank of Americas price target would indicate a potential upside of 0.60% from the stocks previous close. Other research []

Bank of America started coverage on shares of Cronos Group (NASDAQ:CRON) in a research note issued on Thursday. The brokerage set an underperform rating and a $5.00 price target on the stock. Bank of Americas price target suggests a potential upside of 0.60% from the companys current price. Several other research firms also recently commented []

Crescent Capital Consulting LLC acquired a new stake in Motive Capital Corp. (NYSE:MOTV) during the third quarter, Holdings Channel reports. The fund acquired 9,326 shares of the companys stock, valued at approximately $92,000. A number of other hedge funds have also recently made changes to their positions in MOTV. Bank of America Corp DE purchased []

Lucid Group Inc (NASDAQ:LCID)s share price gapped down prior to trading on Thursday . The stock had previously closed at 52.55, but opened at 50.84. Lucid Group shares last traded at 48.56, with a volume of 574,762 shares changing hands. LCID has been the topic of several research analyst reports. Bank of America boosted their []

DETROIT Bank of America celebrates its annual Day of Giving in Detroit on November 18, a day starting with connection and ending in gratitude. The day is focused on connecting Bank of Americas teammates with its community partner organizations to see more closely and to understand how partnerships align to deliver and advance economic mobility and racial equality in metro Detroit. The day ends with a great thank you to those same partners who day in and day out serve southeast Michigan with innovative programming.

Clarivate (NYSE:CLVT) was upgraded by analysts at TheStreet from a c rating to a b- rating in a report issued on Tuesday, TheStreetRatingsTable reports. CLVT has been the topic of a number of other research reports. Bank of America started coverage on shares of Clarivate in a research report on Monday, August 16th. They issued []

Nektar Therapeutics (NASDAQ:NKTR)s stock price reached a new 52-week low on Thursday . The stock traded as low as $12.17 and last traded at $12.23, with a volume of 8395 shares changing hands. The stock had previously closed at $12.85. Several equities analysts have weighed in on NKTR shares. Bank of America started coverage on []