Despite Rate Cuts, JPMorgan Still Has a 13% Upside

We believe that JPMorgan's stock has a 13% upside potential in the near-term, once the loan repayment capability of its customers sees some improvement. JPM trades near $122 currently and has lost 13% in value so far this year. It traded at a pre-Covid high of $137 in February, and it is 12% below..