JPMorgan (JPM) volatility elevated as shares mixed in premarket on Q4 profit rise, bond trading better than expected

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Go back to JPMorgan (JPM) volatility elevated as shares mixed in premarket on Q4 profit rise, bond trading better than expected

FBR Capital Remains Bullish on JPMorgan (JPM) Following 4Q EPS Beat

January 17, 2017 6:59 AM EST

FBR Capital reiterated an Outperform rating and $100.00 price target on JPMorgan (NYSE: JPM) following the company's 4Q earnings report. JPM reported EPS of $1.71, well ahead of the Street estimate of $1.42. The beat was primarily due to lower provision expenses given a reserve release in the consumer banking segment, as well as... More