UBS Maintains Buy on JPMorgan Chase, Lowers Price Target to $219
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Erika Najarian maintains a Buy rating on JPMorgan Chase (JPM) but lowers the price target from $226 to $219.
April 16, 2024 | 12:54 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on JPMorgan Chase but lowers the price target from $226 to $219.
While the reduction in price target could suggest a slightly less optimistic outlook on JPM's stock price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and growth prospects. This mixed signal could lead to a neutral short-term impact on JPM's stock price as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100