JPMorgan CEO is 'cautiously pessimistic' on economy, successors in focus

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RBC Capital Reiterates Outperform Rating on JPMorgan (JPM)

May 21, 2024 6:12 AM EDT

RBC Capital analyst Gerard Cassidy reiterated an Outperform rating and $211.00 price target on JPMorgan (NYSE: JPM)

The analyst comments "JPM held its annual investor day (presentations here) today and outlined its businesses' strategies with a focus on executing on its detailed strategic... More

JPMorgan (JPM) stock erases earlier gains after CEO Dimon's comments on buybacks

May 20, 2024 7:38 AM EDT

(Updated - May 20, 2024 11:59 AM EDT)

JPMorgan (NYSE: JPM) stock has erased earlier gains and is currently trading in the red after CEO Jamie Dimon said during the company's event that the bank is not looking "to buy back a lot of stock at... More