Nomura Securities Maintains a 'Buy' on JPMorgan (JPM); Prepared Remarks
Tweet Send to a FriendGet Alerts JPM Hot Sheet
Price: $52.30 +2.61%
Rating Summary:
13 Buy, 6 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
13 Buy, 6 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade JPM Now!
Nomura Securities maintains a 'Buy' on JPMorgan (NYSE: JPM) price target of $46.00.
Analyst, Glenn Schorr, said, "JPM released the prepared remarks that Jamie Dimon will use before the US Senate Committee on Banking, Housing and Urban Affairs today at 10 a.m. While we think a lot of the remarks (just 3 ½ pages) are reasonably well known by now, they did provide some hope for boxing in the liability at a level below some of the worst fears being discussed lately, as JPM expects to be “solidly profitable” in the second quarter. We continue to see value in the stock and expect investors to slowly migrate back to JPM."
For an analyst ratings summary and ratings history on JPMorgan click here. For more ratings news on JPMorgan click here.
Shares of JPMorgan closed at $33.77 yesterday, with a 52 week range of $27.85-$46.49.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Glenn Schorr, said, "JPM released the prepared remarks that Jamie Dimon will use before the US Senate Committee on Banking, Housing and Urban Affairs today at 10 a.m. While we think a lot of the remarks (just 3 ½ pages) are reasonably well known by now, they did provide some hope for boxing in the liability at a level below some of the worst fears being discussed lately, as JPM expects to be “solidly profitable” in the second quarter. We continue to see value in the stock and expect investors to slowly migrate back to JPM."
For an analyst ratings summary and ratings history on JPMorgan click here. For more ratings news on JPMorgan click here.
Shares of JPMorgan closed at $33.77 yesterday, with a 52 week range of $27.85-$46.49.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Says Tesla (TSLA) 'Top Pick in U.S. Autos'
- Topeka Capital Starts Laredo Petroleum (LPI) at Buy, Assets 'Undervalued'
- Supernus (SUPN) PT Trimmed at Jefferies, But Survey Shows Significant Market Opportunity
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
JPMorgan, Nomura, Jamie Dimon
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
