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JPMorgan (JPM) battle tested and aided by its 'fortress balance sheet' - Wells Fargo

March 13, 2023 9:17 AM EDT

Wells Fargo upgraded JPMorgan (NYSE: JPM) to Overweight from Equal-Weight, raising its price target on the stock to $155 from $148 per share in a note Monday, stating that "Goliath is Winning."

"JPM is battle-tested through downturns, aided by its 'fortress balance... More