JPMorgan analyst Chetan Udeshi upgraded Johnson Matthey (JMPLY) to Overweight from Neutral with a price target of 2,250 GBp, up from 1,860 GBp. The firm adjusted ratings in European chemicals as part of a 2026 outlook. The cyclical and structural challenges facing the group are now better understood by the market, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JMPLY: