JPMorgan has made waves in the market by cutting their outlook for
GM,
Ford, and
Ferrari, citing potential impact of auto tariffs. There are concerns about upcoming earnings seasons with JPMorgan and two insurance companies slated to begin. Notably, one
JPMorgan analyst reduced Ford's stock price target due to tariff fallout. The bank has gained reputation as the 'NVIDIA of banking' owing to its performance, despite some of the bank stocks including
JPMorgan Chase,
Wells Fargo and
Citigroup experiencing drops. There is a belief by
JPMorgan strategists that US stocks are overplaying the recession risk. Interestingly,
JPMorgan sees
Cava and sees a 45% upside following the company's stock decline.
JPMorgan believes that the selling off of Wall Street stocks is due to warped expectations versus reality.
JPMorgan maintains its 'Neutral' rating on
SailPoint stock with a $25 target. The bank has identified
Meta and
Spotify as top Internet stocks amid economic uncertainty. In related news,
JPMorgan Chase key executives offloaded stock worth $6.18M, implying there could be insider trading concerns.
Jpmorgan Stocks News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Sat, 29 Mar 2025 13:03:15 GMT -
Rating 2
- Innovation -2
- Information 8
- Rumor -4
