HSBC Initiates Coverage On JPMorgan Chase with Hold Rating, Announces Price Target of $159
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has initiated coverage on JPMorgan Chase (NYSE:JPM) with a Hold rating and a price target of $159.
September 07, 2023 | 9:07 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
HSBC has initiated coverage on JPMorgan Chase with a Hold rating and a price target of $159.
The Hold rating from HSBC indicates that they believe JPMorgan Chase's stock will perform in line with the market or sector in the short term. The price target of $159 suggests that HSBC sees potential for the stock's price to increase from its current level. However, as this is a Hold rating, it does not necessarily suggest a strong buy or sell action.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100