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Matson Price Target Raised by JPMorgan Chase & Co.

Guavy AI Editorial Team
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JPM
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Matson Inc., a U.S.-based provider of ocean transportation and supply chain logistics services, has seen its price objective raised by JPMorgan Chase & Co. from $230 to $270 per share.

The firm currently has an 'overweight' rating on the shipping company's stock, indicating a potential upside of 27.28% from the current price.

This is not the only positive news for Matson; Stephens also upped its price target on the company to $260 per share and gave it an 'overweight' rating in a recent research note.

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