JPMorgan Cuts Price Target on Noah Holdings

Noah Holdings Limited (NYSE:NOAH) has seen its price target lowered by JPMorgan Chase & Co. to $9.70, a potential upside of 19.75% from the stock's previous close.

The firm currently has a 'neutral' rating on Noah's stock and is one of several research analysts that have weighed in on the asset manager recently.

Other recent ratings include Weiss Ratings cutting shares of Noah from a 'hold (c)' to a 'hold (c-)', Zacks Research upgrading Noah from a 'strong sell' to a 'hold', and Wall Street Zen reducing its rating from 'buy' to 'hold'.