Jefferies Slashes JPMorgan Price Target Amid Market Volatility
Jefferies Financial Group has reduced its price target for JPMorgan Chase & Co. (NYSE:JPM) to $365.00, down from $370.00.
This revised estimate suggests a potential upside of 8.19% from the company's previous close.
JPMorgan Chase & Co. has been the subject of several research reports in recent weeks, with Morgan Stanley reiterating its 'positive' rating and setting a price target of $370.00 on July 15th.
Citigroup increased its target price on JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a 'neutral' rating in a research report on July 20th.