Bank of America falls after HSBC downgrades to 'hold'

Wall Street giant Bank of America's BAC.N shares fall 1.9% to $47.73 premarket

HSBC downgrades BAC to "hold" from "buy" - data compiled by LSEG

BAC poised to report Q2 earnings on July 16; Street expects EPS of 87 cents/shr

19 of 25 brokerages rate the stock "buy" or higher and 6 "hold"; median PT $51.50

As of last close, BAC stock was up 10.7% YTD