Cassidy Sticks to His Guns: RBC Capital Maintains Buy on JPMorgan Chase
RBC Capital analyst Gerard Cassidy has maintained a Buy rating on JPMorgan Chase, setting a price target of $370.00.
This recommendation was made in a report released on September 29, when shares closed at $334.98.
Cassidy is a 5-star analyst with an impressive track record, boasting an average return of 13.8% and a success rate of 66.86%, according to TipRanks.
In addition to Cassidy's endorsement, Wells Fargo's Mike Mayo also gave JPMorgan Chase a Buy rating in a report on September 25.
However, not all analysts share the same optimism; HSBC maintained a Hold rating on JPMorgan Chase just days later on September 28.