There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Network International Holdings (NWKLF – Research Report) and JPMorgan Chase & Co. (JPM – Research Report) with bullish sentiments.
JPMorgan Chase & Co. (JPM)
RBC Capital analyst Gerard Cassidy maintained a Buy rating on JPMorgan Chase & Co. yesterday and set a price target of $150.00. The company’s shares closed last Friday at $138.64, close to its 52-week high of $142.75.
According to TipRanks.com, Cassidy is a top 25 analyst with an average return of 30.1% and a 81.0% success rate. Cassidy covers the Financial sector, focusing on stocks such as Fifth Third Bancorp, Goldman Sachs Group, and Regions Financial.
Currently, the analyst consensus on JPMorgan Chase & Co. is a Moderate Buy with an average price target of $145.86, which is a 6.1% upside from current levels. In a report issued on January 4, Barclays also maintained a Buy rating on the stock with a $164.00 price target.
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