Reuters: UBS slashes target on Bank of America by 48 percent

[chris]

UBS slashes target on Bank of America by 48 percent
      

(Reuters) - UBS slashed its price target on Bank of America Corp  by 48 percent, citing tighter credit conditions, uncertainty over near-term prospects of the Merrill Lynch &amp; Co  deal and risk of additional write-downs.<div class="feedflare">
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