Deutsche Bank Downgrades JPMorgan Chase to Hold, Announces $235 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matt O'Connor has downgraded JPMorgan Chase from Buy to Hold, setting a price target of $235.
September 03, 2024 | 11:04 am
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Deutsche Bank has downgraded JPMorgan Chase from Buy to Hold, with a new price target of $235. This downgrade may influence investor sentiment and impact JPM's stock price in the short term.
The downgrade from Buy to Hold by a major financial institution like Deutsche Bank can lead to a negative sentiment among investors, potentially causing a short-term decline in JPM's stock price. The new price target of $235 provides a specific valuation that may influence trading decisions.
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