Evercore Cuts JPMorgan (JPM) to Equal Weight, Price Target Reduced to $37

Evercore Partners' Andrew Marquardt downgraded shares of JPMorgan (NYSE: JPM) from Overweight to Equal Weight in an intraday research note Monday. The analyst reduced his price target on the stock from $50 to $37.

JPMorgan shares are down about 2.3 percent to $32.72 at last check.

For an analyst ratings summary and ratings history on JPMorgan click here. For more ratings news on JPMorgan click here.

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