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JPMorgan Chase & Co. Ceases Substantial Holding in PWR Holdings

Story Highlights
  • JPMorgan Chase & Co. and its affiliates ceased to be substantial holders in PWR Holdings.
  • The change involves transactions and securities lending agreements affecting PWR Holdings’ voting securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JPMorgan Chase & Co. Ceases Substantial Holding in PWR Holdings

Confident Investing Starts Here:

The latest announcement is out from PWR Holdings ( (AU:PWH) ).

JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in PWR Holdings Ltd, a company involved in the automotive industry. This change in substantial holding involves various transactions and securities lending agreements managed by JPMorgan’s subsidiaries, impacting the voting securities of PWR Holdings.

The most recent analyst rating on (AU:PWH) stock is a Hold with a A$10.97 price target. To see the full list of analyst forecasts on PWR Holdings stock, see the AU:PWH Stock Forecast page.

More about PWR Holdings

YTD Price Performance: -13.99%

Average Trading Volume: 294,442

Technical Sentiment Signal: Sell

Current Market Cap: A$677.8M

For a thorough assessment of PWH stock, go to TipRanks’ Stock Analysis page.

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