3M Stock Has 20% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
Check Earnings Report
US:NYSE Investor Relations:
jpmorganchase.com/corporate/investor-relations/investor-relations.htm
Company Research
Source: Yahoo! Finance
That new price target still anticipates a near-20% upside over 12 months from the current price of about $92, highlighting the stock's value case. Why the price target changed It looks like a downgrade, but in reality, the change reflects the spin off of 3M's healthcare business, now trading as Solventum (NYSE: SOLV) . 3M shareholders received one share of Solventim for every four they held in 3M. As such, Solventum's stock price of $61.75 equates to $15.44 in "old 3M." Adding the $15.44 to 3M's $91 price gives an "old 3M" price of about $106.40. The analyst's previous price target for "old 3M" was $118, implying an 11% upside. The updated price target after the spinoff is $110, implying a 20% upside. So even though the price target fell, it could still be considered an upgraded price target. What it means to 3M investors The JPMorgan price target looks relatively optimistic. Citi 's investment firm has a $98 target on it, and Bank of America has a $100 target. All three hav
Show less
Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JPM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JPM alerts
High impacting JP Morgan Chase & Co. news events
Weekly update
A roundup of the hottest topics
JPM
News
- Reuters: Russian court cancels confiscation of some JPMorgan assets in dispute with Russian bank [Yahoo! Finance]Yahoo! Finance
- US high yield spreads still tight despite pick-up in distress [Yahoo! Finance]Yahoo! Finance
- US high yield spreads still tight despite pick-up in distress [Reuters]Reuters
- Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says [Yahoo! Finance]Yahoo! Finance
- One personal decision can create a mess of financial challenges for transgender Americans—‘it takes a lot of courage' [CNBC]CNBC
JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 5/2/24 - Form 424B2
- 5/2/24 - Form 424B2
- 5/2/24 - Form 424B2
- JPM's page on the SEC website