Citigroup Downgrades JPMorgan Chase to Neutral, Announces $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz has downgraded JPMorgan Chase from Buy to Neutral and set a price target of $160.
July 12, 2023 | 2:31 pm
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JPMorgan Chase has been downgraded from Buy to Neutral by Citigroup, with a price target of $160.
The downgrade from Buy to Neutral by Citigroup indicates a less optimistic outlook for JPMorgan Chase. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100