Bank of America stock slips after-hours — what to know before Moynihan speaks and key U.S. data lands
Bank of America shares slipped 0.3% to $56.41 in after-hours trading Monday as financial stocks lagged a tech rally. Investors await U.S. jobs and inflation data this week, which could shift interest-rate expectations. JPMorgan raised its price target on Bank of America to $61.50, citing a steady regulatory outlook and limited rate cuts. CEO Brian Moynihan is set to speak at a financial conference Tuesday morning.