Truist analyst John McDonald raised the firm’s price target on JPMorgan (JPM) to $330 from $319 and keeps a Hold rating on the shares as part of a broader research note updating the firm’s model following management commentary at recent conference appearances. The firm is incorporating the management’s latest guide up on FY26 expenses and also its better outlook for FY26 card net charge-offs, the analyst tells investors in a research note.
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