Silvant Capital Management LLC Has $4.39 Million Stock Position in Bank of America Corporation $BAC

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Silvant Capital Management LLC reduced its stake in Bank of America Corporation by 16.4% in the third quarter, decreasing its holdings to 85,001 shares valued at $4.39 million. Other institutional investors, such as Riverview Capital Advisers LLC and Shepherd Financial Partners LLC, increased their positions. Analysts maintain a “Moderate Buy” rating for Bank of America, with an average price target of $60.30, while recent insider trading shows sales by company executives.

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