Not all analysts are in agreement. In a Jan. 31 report, Stifel Nicholas analyst Christopher Mutascio argued "normalized earnings" for Bank of America--which he expects it will reach in 2014--is $1.14 per share, down from his previous estimate of $1.85. The biggest driver of the downward revision comes from Mutascio's expectation of lower fee income on a drop in equity investment gains and reduced investment banking and trading profits. And Bove has been too optimistic too early on Bank of America in the not-too-distant past. In May of 2010, for example, he argued Bank of America shares, which were worth $15.40 at the time, would hit $99.31 by 2015. In that same interview , he argued Citigroup ( C) would hit $24.75 in 2015, which, since the prediction came before the bank's one for 10 reverse split, would now equate to $247.50. Seven months later, Bank of America shares had fallen to about $12.50 per share, but Bove predicted they would rise to $32 in about three years from that time, or by December 2013. -- Written by Dan Freed in New York. Follow this writer on Twitter.