Wells Fargo Maintains Overweight on JPMorgan Chase, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Overweight rating on JPMorgan Chase (JPM) and increased the price target from $200 to $220.
March 20, 2024 | 10:24 am
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Wells Fargo analyst Mike Mayo has reaffirmed an Overweight rating on JPMorgan Chase and raised the price target from $200 to $220.
The increase in the price target by a reputable analyst like Mike Mayo signals a strong confidence in JPMorgan Chase's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100