Market Overview

Morgan Stanley Feels Confident in J.P. Morgan Chase Ahead of Company Investor Day

Share:
Related JPM
A New Way To Short-Term Bond Exposure
'The Wizard Of Lies': Is HBO's Bernie Madoff Biopic Worth The Time Investment?
Stocks Advance; Fiber Optics, China And Defense Dominate, But Tesla Falls (Investor's Business Daily)

In a report published Thursday, Morgan Stanley analyst Betsy L. Graseck reiterated an Overweight rating and $68.00 price target on J.P. Morgan Chase (NYSE: JPM).

In the report, Morgan Stanley noted, “Expect JPM to show that it's taking share across its businesses, investing in growth initiatives and has opportunities to optimize the balance sheet and become more efficient. Stock is cheap at 8.5x 2015 P/E. We see 18% upside to our $68 price target.”

J.P. Morgan Chase closed on Wednesday at $57.52.

Latest Ratings for JPM

DateFirmActionFromTo
Apr 2017GuggenheimUpgradesNeutralBuy
Jan 2017Keefe Bruyette & WoodsDowngradesOutperformMarket Perform
Jan 2017UBSInitiates Coverage OnBuy

View More Analyst Ratings for JPM
View the Latest Analyst Ratings

Posted-In: Betsy L. Graseck Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (JPM)

View Comments and Join the Discussion!