Morgan Stanley Reiterates Overweight on JPMorgan Chase, Maintains $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has reiterated an Overweight rating on JPMorgan Chase (NYSE:JPM) and maintained a price target of $160.
July 07, 2023 | 3:52 pm
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Morgan Stanley has reiterated an Overweight rating on JPMorgan Chase, indicating a positive outlook for the stock. The price target remains at $160.
The Overweight rating from Morgan Stanley indicates a positive outlook for JPMorgan Chase. This could lead to an increase in investor confidence and potentially a rise in the stock price. The maintained price target of $160 also suggests that the analyst believes the stock is undervalued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100