UPDATE: Bank of America Initiates BlackRock Municipal Income Trust with Neutral Rating on Multiple Positive Factors

In a report published Monday, Bank of America analyst Elias Lanik initiated coverage on BlackRock Municipal Income Trust (NYSE: BNY ) with a Neutral rating. In the report, Lanik noted, “We rate BNY Neutral owing to what, in our opinion, is a stable dividend, an appropriate valuation level, and a