JPMorgan beats Wall Street expectations in tough quarter for banks

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Go back to JPMorgan beats Wall Street expectations in tough quarter for banks

UBS Reiterates Buy on Bank of America (BAC) Following 1Q Report

April 15, 2016 7:30 AM EDT

UBS maintained a Buy rating and $18.00 price target on Bank of America (NYSE: BAC) following the company's 1Q earnings report. Management's view that credit quality outside of energy remains strong should provide some relief to investors that had been worried about a broader... More

Nomura Securities Raises Price Target on JPMorgan (JPM) Following 1Q EPS Beat

April 14, 2016 9:13 AM EDT

Nomura Securities reiterates Neutral on JPMorgan (NYSE: JPM), and raised the price target to $66.00 (from $65.00), following the company's 1Q earnings report. JPM reported EPS of $1.35, handily beating the consensus estimate of $1.26. The beat was driven primarily by lower-than-expected expenses and trading results which were more... More

UBS Reiterates Buy on JPMorgan (JPM) Following Solid 1Q Results

April 14, 2016 8:37 AM EDT

UBS maintained a Buy rating and $68.00 price target on JPMorgan (NYSE: JPM) following the company's better than expected 1Q earnings report.

Analyst Brennan Hawken commented, "JPM's better than expected 1Q results, solid expense control, outlook which was better than feared, and improving clarity... More

Wells Fargo (WFC) Comments on 'living Will” Process Decision by Fed, FDIC; Will Address Findings

April 13, 2016 8:30 AM EDT

Wells Fargo & Company (NYSE: WFC) issued the following statement regarding the Federal Reserve Boards and the Federal Deposit Insurance Corporations joint response to its 2015 resolution plan submission under the living will process of the Dodd-Frank Wall Street Reform and Consumer Protection... More