BMO Capital Maintains Market Perform on JPMorgan Chase, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham maintains a Market Perform rating on JPMorgan Chase (JPM) and lowers the price target from $196 to $195.
April 15, 2024 | 1:00 pm
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BMO Capital maintains a Market Perform rating on JPMorgan Chase and lowers the price target from $196 to $195.
The slight decrease in price target by BMO Capital suggests a minor adjustment in valuation expectations for JPMorgan Chase. Given the small magnitude of the price target change, the short-term impact on JPM's stock price is likely to be neutral. The maintenance of a Market Perform rating indicates that the analyst's view on the company's prospects has not significantly changed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100