Dec. 17 at 4:37 PM
https://www.equivox.io/discussion/2867f6e3-79ab-4755-89e3-2c1eb2a6cd6b
$BAC
Investors can influence not only the board of directors and company management, but also company strategy.
"An activist wouldn’t have to target Moynihan personally, since he seems likely to stay through 2030. Better to focus on BofA’s new “medium-term” 16% to 18% return on tangible equity target, which seems low relative to JPMorgan’s forecast 21% in 2028, using analyst estimates gathered by Visible Alpha in December"