Wells Fargo has decided to maintain its Equal-Weight rating of JPMorgan Chase (NYSE:JPM) and lower its price target from $150.00 to $120.00.
Shares of JPMorgan Chase are trading down 0.2% over the last 24 hours, at $112.38 per share.
A move to $120.00 would account for a 6.78% increase from the current share price.
About JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments–consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
About Analyst Ratings
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.