JP Morgan Maintains Overweight on Kaspi.kz, Raises Price Target to $183
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith has maintained an Overweight rating on Kaspi.kz and raised the price target from $159 to $183.
August 20, 2024 | 2:35 pm
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JP Morgan has maintained an Overweight rating on Kaspi.kz and increased the price target from $159 to $183, indicating a positive outlook.
The increase in the price target from $159 to $183 by a major financial institution like JP Morgan suggests a strong positive outlook for Kaspi.kz. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100