JPMorgan (JPM): Consensus Too Aggressive Despite Beat, Reiterate Neutral - Nomra
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BMO Capital Cuts Price Target on JPMorgan (JPM) Following 2Q Report
July 15, 2016 10:50 AM EDTBMO Capital maintained an Outperform rating on JPMorgan (NYSE: JPM), and cut the price target to $74.00 (from $77.00), following the company's 2Q earnings report. JPM reported EPS of $1.47 beating the consensus estimate of $1.42.
Analyst James Fotheringham commented, "We lower our core EPS forecasts by 1% in... More
Nomura Securities Cuts Price Target on JPMorgan (JPM) to $66 Following 2Q Report
July 15, 2016 7:11 AM EDTNomura Securities reiterated a Neutral rating on JPMorgan (NYSE: JPM), and cut the price target to $66.00 (from $67.00), following the company's 2Q earnings report. JPM reported EPS of $1.55, primarily driven by better results in CIB. JPM reiterated its guidance for 2016, with management incrementally more constructive on NII.... More
