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Bank Of America Would Bear The Brunt Of Higher Operating And Credit Costs: Analyst

Bank of America Corporation faces lowered price target after Q4 fees-and-cost miss. BMO Capital Markets analyst cites -7% near-term estimate cut, anticipating higher operating and credit costs. Analyst favors alternative U.S. financial stocks, highlighting investment opportunities in AerCap Holdings N.V. and Air Lease Corporation with lower exposure to funding, regulatory, and credit risks.

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