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Morgan Stanley Raises 09/10 EPS Estimates For JPMorgan (JPM)

June 2, 2009 9:23 AM EDT
JPM Hot Sheet
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    10 Buy, 5 Hold, 2 Sell

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Today's Overall Ratings:
    Up: 20 | Down: 11 | New: 38

Today, Morgan Stanley raised 2009 and 2010 earnings estimates for JPMorgan Chase (NYSE: JPM), which follows news from JP Morgan that it raised $5 billion selling common shares.

The firm raised 2009 EPS estimates on JPM from $1.74 to $1.79 for 2009 and from $3.63 to $3.81 for 2010. The Wall Street consensus is $1.50 and $2.73 respectively.


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