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Jefferies Keeps JPMorgan Stock Rating Neutral Despite Strong Earnings

Guavy AI Editorial Team
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JPM
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JPMorgan Chase & Co. (NYSE:JPM) has received a reaffirmation of its 'neutral' rating from Jefferies Financial Group in a report released on Friday.

The financial services provider reported $6.14 EPS for the quarter, beating analysts' consensus estimates by $0.55. Revenue was up 27.7% year-over-year at $58.02 billion.

Jefferies is not alone in its assessment of JPMorgan's stock. Sixteen equities research analysts have given the company a 'Buy' rating, while twelve have issued a 'Hold' rating.

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