HSBC Downgrades JPMorgan To Underweight

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Analysts at HSBC downgraded
JPMorgan Chase & Co. JPM
from Neutral to Underweight. The price target for JPMorgan Chase has been lowered from $61 to $55.50. JPMorgan shares have dropped 1.09% over the past 52 weeks, while the S&P 500 index has gained 9.45% in the same period. JPMorgan Chase's shares fell 1.43% to $58.00 in pre-market trading.
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Posted In: DowngradesAnalyst RatingsHSBC
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