Bank of America Corp. was added on Wednesday to Evercore's conviction buy list and analysts at the firm said the shares are its top pick for 2013 among large cap banks
"Bank of America is our top pick large-cap bank for '13 as it has the greatest identifiable levers, largest upside to norm earnings power, and attractive valuation." the analysts said
"Our conviction list addition of Bank of America essentially replaces Wells Fargo & Co. which had been our longstanding favorite large cap bank," they added
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