Bank of America upgraded by Deutsche Bank, target price raised to $45 amid economic uncertainties.

Bank of America (BAC) is highlighted as one of the top affordable stocks to buy, despite recent underperformance. It was upgraded by Deutsche Bank, which raised its target price to $45. PDD Holdings also showed significant growth in its Q2 earnings, ranking similarly due to its strong revenue increase. Overall, economic uncertainties, including potential Federal Reserve rate cuts, are influencing the stock market, with various companies identified as affordable investment options.

September 21, 2024
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