Truist analyst John McDonald raised the firm’s price target on JPMorgan (JPM) to $280 from $270 and keeps a Hold rating on the shares. The death of the over-earning narrative in JPMorgan’s recent investor day has seemingly paved the way for the birth of a new under-earning narrative, based on a more optimistic view from CCB – Consumer & Community Banking – head Marianne Lake around deposit margin expansion and volume growth in the consumer bank in 2026-27, the analyst tells investors in a research note. Even if the modeled/disclosed rate sensitivity is under-stated, the potential rate headwinds to the net interest income growth outlook feel manageable in the context of the current run rate, the firm added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JPM:
- Trump administration prepares to ease rules imposed on big banks, Politico says
- ‘You Are Going to Panic’ When the Bond Market Cracks, Warns JPMorgan (JPM) CEO Jamie Dimon
- Omada Health (OMDA) to Hold IPO at $1.1 Billion Valuation
- Option traders moderately bearish in JPMorgan with shares down 0.59%
- Stablecoin Issuer Circle (USDC) to Hold IPO in New York
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue