Market Overview

Morgan Stanley Sees JPMorgan Chase & Co. Picking Up Speed As Regulatory Fog Lifts

Share:

In a report published Monday, Morgan Stanley analyst Betsy L. Graseck reiterated an Overweight rating and $76.00 price target on JPMorgan Chase & Co. (NYSE: JPM).

In the report, Morgan Stanley noted, “We met with JPM CFO Marianne Lake. Key takeaway was regulatory clarity is improving and while JPM does need to optimize, there's nothing compelling mgmt to make major strategic changes. Expect JPM continues to use its balance sheet as long as it is accretive to ROE.”

JPMorgan Chase & Co. closed on Friday at $60.28.

Latest Ratings for JPM

DateFirmActionFromTo
Dec 2019DowngradesOutperformMarket Perform
Nov 2019MaintainsOutperform
Nov 2019MaintainsOverweight

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!

Latest Ratings

StockFirmActionPT
COSTRaymond JamesMaintains315.0
TKRMorgan StanleyMaintains57.0
LULUMorgan StanleyMaintains214.0
FWONKMorgan StanleyMaintains52.0
HPPMorgan StanleyMaintains39.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Benzinga's Top #PreMarket Losers

LinkedIn Shares Down Amid 'Facebook At Work' Reports