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Real Estate & Property Law
: Housing WireBofA Stocks Spike on Upgrade
By DIANA GOLOBAY
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Goldman Sachs (GS: 143.15 +6.51%) upgraded Bank of America (BAC: 11.73 +9.93%) to buy from neutral, sending BofA’s stock prices up more than 11% to trade at $11.92 as this story goes to press.
“Our optimism is based on another solid mortgage and capital markets quarter, given observable activity levels since March,” Goldman said, according to [...]Full post as published by Housing Wire on May 18, 2009 (boomark / email).
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