Dick Bove Says WikiLeaks Founder Is Just Blowing Smoke on BofA

Julian Assange might be saying he’s got the goods on Bank of America (BAC), but Dick Bove, a financial analyst at Rochdale Securities — who it should be noted, has a “Buy” rating on BofA shares with a $19.25 price target — is not buying it. “It may just be the case here that the sound is greater than the fury,” the analyst wrote in a note to clients. “It is highly questionable that Mr. Assange has new information about Bank of America.” – NetNet

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