JPMorgan

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.9 trillion in assets and $317 billion in stockholders’ equity as of September 30, 2023. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally.

JPMorgan raised CrowdStrike (NASDAQ:CRWD) price target to $155 from $137

/ / Technology / ,

JPMorgan Chase at Crowdstrike (NASDAQ:CRWD) raised its price target to $155 from $137 and maintained its “overweight” rating on the stock after its fiscal fourth-quarter results. The analyst told investors in a research note that the company’s execution has improved compared to the previous quarter, and the business level has “recovered rapidly” from the previous quarter. The company said the results reflect strong demand for its AI-driven platform as Crowdstrike continues to consolidate its market share. The company continues to see Crowdstrike as one of the best candidates to consolidate market share and is encouraged by its ability to continue to improve in a challenging macro environment.

JPMorgan raised CrowdStrike (NASDAQ:CRWD) price target to $155 from $137 Read Post »

Morgan Stanley: JPMorgan’s market cap is expected to break through the trillion-dollar mark

/ / Financials / ,

Morgan Stanley analyst Betsy Graseck said that if a so-called soft landing is achieved with interest rates remaining high for longer, the largest U.S. bank would benefit from higher net interest income, as well as higher fees and improved efficiency, and the stock is an “undervalued rate-related stock.” JPMorgan’s market capitalization is expected to more than double to $1 trillion by 2030, cementing the latter’s position as the largest bank by market capitalization in the United States.

Morgan Stanley: JPMorgan’s market cap is expected to break through the trillion-dollar mark Read Post »

JPMorgan raised Cisco Systems(NASDAQ: CSCO) price target to $55 from $54

/ / Telecommunications / ,

JPMorgan analyst Samik Chatterjee raised his price target on Cisco Systems(NASDAQ: CSCO) to $55 from $54 and maintained a “neutral” rating. The analyst told investors in a research note that the magnitude of the growth in fiscal second-quarter results and the outlook for 2023 raise questions about the sustainability of Cisco’s growth. But the agency said expectations for peak revenue and profit growth in fiscal 2023, which the analyst expects unlikely to recur, justify attributing lower than historical average P/E ratios to lower earnings expectations.

JPMorgan raised Cisco Systems(NASDAQ: CSCO) price target to $55 from $54 Read Post »

Scroll to Top