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BMO Capital Cuts Price Target on JPMorgan (JPM) Following 2Q Report

July 15, 2016 10:50 AM EDT

BMO 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