[Deutsche Bank Drops Over 4% Pre-Market; BofA Predicts 'Weaker' Q2 Performance, Lowers Target Price] According to Golden Finance, on July 8, Deutsche Bank (DB.US) fell over 4% pre-market to $35.119. In its latest research report, BofA Securities stated that it expects Deutsche Bank's second-quarter performance to be 'weaker' and has slightly lowered the stock's target price from $44 to $43 while maintaining a 'Buy' rating. BofA predicts that although Deutsche Bank's Q2 revenue is expected to grow 4% year-over-year, net profit will decline 2% year-over-year, with the primary drag coming from the cost side—costs are expected to rise 7% year-over-year, mainly reflecting increased expenditures on strategic investments, private banking restructuring fees, and ongoing recruitment.