Morgan Stanley analyst Betsy Graseck raised the firm’s price target on JPMorgan (JPM) to $336 from $298 and keeps an Equal Weight rating on the shares. The firm is rolling its valuation year from 2026 to 2027, which drives its large cap bank price targets up by a median 14%, the analyst tells investors. The firm is also updating its models to bake in three rate cuts in 2025 and three in 2026, the analyst noted.
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