Notable Upgrades: Bank of America (BAC), Matrix Service Company (MTRX), American Int’l Group (AIG), L-3 Communications (LLL), Yahoo (YHOO)

Goldman (GS) is out with a report this morning upgrading shares of Bank of America (BAC) with a ‘Buy’ from ‘Neutral’ rating and $19 from $17 price target, implying 17% expected return from the stock’s current price. The firm attributed the upgrade to the resolution of a lot of the bank’s legal issues and the […] View the full post at: Notable Upgrades: Bank of America (BAC), Matrix Service Company (MTRX), American Int’l Group (AIG), L-3 Communications (LLL), Yahoo (YHOO) Related posts: American Southern Bank Goes Bust Bank of America Scores $4 Billion While Taxpayers Get Hosed Strategic Capital Bank, Champaign, Illinois: 09′s Bank Failure #35