Jefferies Upgrades JPMorgan Chase to Buy, Raises Price Target to $165
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Ken Usdin has upgraded JPMorgan Chase (NYSE:JPM) from Hold to Buy and raised the price target from $149 to $165.
July 11, 2023 | 8:59 am
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JPMorgan Chase has been upgraded to Buy from Hold by Jefferies, with a price target increase from $149 to $165.
The upgrade from Hold to Buy indicates a positive outlook for JPMorgan Chase. The increase in price target from $149 to $165 suggests that the analyst expects the stock to perform well in the short term. This could lead to an increase in investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100