JPMorgan stocks are making noteworthy market moves. The bank's decision to uplift its 'Sell' rating notably improved NIO shares. A single Wall Street analyst believes there's a 13% upside potential for the stocks.
Soros Fund Management has added Goldman Sachs besides JPMorgan to its portfolio, while dissolving its NYCB stake. NYCB's liquidity has been enhanced by the sale of $5 billion worth of loans to JPMorgan. Meanwhile, several wealthy investment companies shifted their stakes, including
Mawer Investment Management with a strong $100.50 million stake in JPMorgan and
Warther Private Wealth LLC selling off nearly 9000 shares. Analysts project a possibility of the stocks further increasing, despite some insider sell-offs. JPMorgan's CEOs, namely Jennifer Piepszak and Ashley Bacon, have also sold a substantial number of stocks. Yet, others hold a cautious stance, warning that the stock market may go through a 'flash crash' due to its current concentration.
Jpmorgan Stocks News Analytics from Wed, 13 Dec 2023 08:00:00 GMT to Thu, 16 May 2024 20:34:00 GMT -
Rating 7
- Innovation -3
- Information 7
- Rumor -5
