According to Street Insider, Evercore Partners analyst Andrew Marquardt tweaked his price target for Bank of America (BAC), raising it from $16 a share to $17, following the firm's third-quarter results.

Marquardt notes, "'13 to $1.00 (from $0.91), '14 to $1.36 (from $1.30) '15 to $1.63 (from $1.52) as we model credit costs remaining lower for longer, have incrementally higher confidence in expense saves falling to the bottom line and see ongoing stabilization in revenue trends. P/T goes to $17 (from $16) and implies 10.4x '15 EPS ests and 1.1x '14 TBV."