JPMorgan downgraded Johnson Matthey (JMPLY) to Neutral from Overweight with a price target of 2,000 GBp, down from 2,250 GBp. The firm says the stock’s risk/reward is balanced at current share levels.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JMPLY:
- Johnson Matthey downgraded to Neutral from Overweight at JPMorgan
- Honeywell (HON) Renegotiates Johnson Matthey Deal, Secures £475 Million Price Cut
- Honeywell (HON) Weighs Exit From $2.4 Billion Johnson Matthey Catalyst Deal
- Johnson Matthey price target raised to 2,400 GBp at Deutsche Bank
- Johnson Matthey upgraded to Buy from Hold at Berenberg