JP Morgan Upgrades Noah Holdings to Overweight, Announces $49 Price Target
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Katherine Lei has upgraded Noah Holdings (NYSE:NOAH) from Neutral to Overweight and announced a $49 price target.

August 29, 2023 | 2:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Noah Holdings has been upgraded to Overweight from Neutral by JP Morgan, with a new price target of $49.
The upgrade from JP Morgan is a positive signal for Noah Holdings. It indicates that the analyst believes the company's stock will outperform the market or its sector in the near term. The new price target of $49 also suggests a potential upside from the current price level. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100