Morgan Stanley Maintains Overweight on JPMorgan Chase, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on JPMorgan Chase (NYSE:JPM) and raises the price target from $157 to $160.
May 23, 2023 | 11:45 am
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on JPMorgan Chase and raises the price target to $160.
Morgan Stanley's decision to maintain an Overweight rating on JPMorgan Chase and raise the price target from $157 to $160 indicates a positive outlook for the stock. This news is likely to boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100