JPMorgan price target raised to $315 from $305 at TD Cowen

TD Cowen raised the firm’s price target on JPMorgan (JPM) to $315 from $305 and keeps a Buy rating on the shares. The firm said they walked away from the Investor Day with even more conviction that this is a number one company. Not only do they see its market share dominant positions widening further in the years ahead, but for the earnings growth rate to ramp even faster given exponential productivity improvements coming from AI.