BofA analyst Ebrahim Poonawala raised the firm’s price target on JPMorgan (JPM) to $340 from $330 and keeps a Buy rating on the shares. Despite a beat-and-raise quarter, the stock ended the day relatively flat, as the guidance increase was largely baked-in to expectations, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JPM:
- JPMorgan Chase: Strong Fundamentals but Limited Upside Potential Justifies Hold Rating
- JPMorgan Chase: Strong Financial Performance and Strategic Positioning Justify Buy Rating with Raised Price Objective
- JPMorgan Chase Reports Strong Q2 2025 Earnings
- JPM Earnings: JPMorgan Chase Stock Slips Despite Q2 Beats
- JPMorgan Chase’s Earnings Call: Mixed Sentiment and Strategic Outlook