JP Morgan Chase & Co. stock headed towards the positive territory in the pre-market trading hours today after Deutsche Bank's Markets Research updated the stock. Focusing on the commercial banking, the research note reiterated Deutsche Bank's target price of $75 along with a Buy rating on JP Morgan's stock. Analyst Matt O'Connor attributed the firm's rating to JP Morgan's cost saving initiatives this year and ongoing balance sheet optimization, which will increase capital ratios and better macro...
JP Morgan Chase & Co. stock headed towards the positive territory in the pre-market trading hours today after Deutsche Bank's Markets Research updated the stock. Focusing on the commercial banking, the research note reiterated Deutsche Bank's target price of $75 along with a Buy rating on JP Morgan's stock. Analyst Matt O'Connor attributed the firm's rating to JP Morgan's cost saving initiatives this year and ongoing balance sheet optimization, which will increase capital ratios and better macro...
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