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JPMorgan Chase & Co. Ceases Substantial Holding in Pilbara Minerals

Story Highlights
  • JPMorgan Chase & Co. has ceased to be a substantial holder in Pilbara Minerals.
  • The change involves various JPMorgan subsidiaries altering their interests in Pilbara’s voting securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JPMorgan Chase & Co. Ceases Substantial Holding in Pilbara Minerals

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Pilbara Minerals ( (AU:PLS) ) has provided an announcement.

JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Pilbara Minerals, a company involved in the mining industry. The change in substantial holding involves various subsidiaries of JPMorgan, including JPMorgan Chase Bank, N.A., and J.P. Morgan Securities PLC, which have altered their interests in the voting securities of Pilbara Minerals. This development could impact the company’s market dynamics and shareholder structure.

The most recent analyst rating on (AU:PLS) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.

More about Pilbara Minerals

YTD Price Performance: 87.21%

Average Trading Volume: 29,106,714

Technical Sentiment Signal: Buy

Current Market Cap: A$13.2B

Find detailed analytics on PLS stock on TipRanks’ Stock Analysis page.

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