JPMorgan price target raised to $236 from $235 at Morgan Stanley

Morgan Stanley analyst Betsy Graseck raised the firm’s price target on JPMorgan (JPM) to $236 from $235 and keeps an Equal Weight rating on the shares after the bank hosted its investor day meeting. Firm-wide guidance for 2025 was unchanged, although management acknowledged firmwide NII might end up “a little better” than about $94.5B, “maybe by $1B,” notes the analyst, who came out of the event “seeing plenty of runway for growth ahead” across divisions and products.