In contrast to many of his peers, Richard Bove, the media-friendly analyst now with Rochdale Securities, thinks there's a lot of upside to the Bank of America stock. In fact, he thinks it will recover its all-time highs, according to a recent research note. For now, he has set a price target of $14, notes TheStreet.com. You would never guess this judging from the market action.

While Bove was waxing optimistic, Mike Mayo was saying just the opposite, and the market sold off on that news. Bove believes CEO Ken Lewis, who recently said that the bank was on track to post $30 billion in after-tax earnings in 2011. In his view, the glass is half full; the bank has turned the corner on toxic assets and is well positioned in terms of capital. So an interesting bulls-vs.-bears battle has broken out. Perhaps they will both end up on CNBC. 

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