Bank of America analysts slap ‘buy’ rating on Barclays shares

Bank of America analysts gushed over Barclays’ first-quarter performance, reiterating their ‘buy’ rating on the stock. Analysts said that while geopolitical-related concerns ahead of results were understandable, the lender “printed a strong set of numbers”. The FTSE 100 bank booked a £2.7bn pre-tax profit, ahead of the £2.5bn pencilled in. This was boosted by income [...]