Bank of America Corp DE Makes New $84.56 Million Investment in WesBanco, Inc. $WSBC
MarketBeat
Bank of America Corp DE has acquired a new position in WesBanco, Inc. (NASDAQ:WSBC), purchasing 2.17 million shares valued at approximately $84.56 million, representing a 2.26% stake. WesBanco recently surpassed analyst expectations with Q2 EPS of $0.92 and revenue of $275.8 million, and analysts maintain a "Moderate Buy" rating with an average price target of $43.20. The company also declared a quarterly dividend of $0.38 per share, while some insiders have sold shares totaling about $1.63 mill
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