Goldman Sachs relaxes dress code for techs in fight for talent
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
BofA/Merrill Reiterates Buy Rating & $99 PO on JPMorgan (JPM) Following 2Q Beat; 'Initial Market Reaction Overdone... Potential to Unlock ROE from De-Regulation'
July 17, 2017 9:10 AM EDTBofA/Merrill Lynch reiterates Buy rating and $99 price objective on JPMorgan (NYSE: JPM), following the company's second quarter earnings announcement.
Analyst Erika Najarian notes the company demonstrated underperformance against the broad market after releasing second quarter earnings results that were ahead of consensus... More
JPMorgan (JPM) PT Raised to $103 at Credit Suisse Following 2Q EPS Beat
July 17, 2017 7:35 AM EDTCredit Suisse raised its price target on JPMorgan (NYSE: JPM) to $103.00 (from $102.00) while maintaining a Outperform rating following the company's 2Q. JPMorgan reported 2Q17 EPS of $1.82; better than the consensus estimate of $1.58.... More
