Meta · CNBC Technology
These are Bank of America’s top picks for the second quarter after a tough start to 2026
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
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As the second quarter kicks off, Bank of America believes that stocks such as Meta Platforms and Spotify are positioned to outperform.
Key facts
- Analyst Ebrahim Poonawala's $140 price objective implies that shares of Citigroup could add 21%
- The S & P 500 jumped to begin April's trading and the second quarter, but it's still down 3.8% in 2026
- However, the bank's $885 price objective implies that the stock could surge about 54% from its Thursday close
- Bank of America's $750 price target corresponds to an upside of 53% for the stock
Summary
The S & P 500 jumped to begin April's trading and the second quarter, but it's still down 3.8% in 2026. The stock is down almost 13% in 2026. However, the bank's $885 price objective implies that the stock could surge about 54% from its Thursday close.