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0 0.000775330396475867 0.000176211453744533 0.000140969162995667 -0.0026431718061674 -0.00123348017621133 -0.00236123348017627 -0.00236123348017627
Stock impact report

JPMorgan Chase & Co. (JPM) Price Target Cut by Truist as Macro Pressures Weigh on Outlook [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
JPMorgan Chase & Co. (JPM) Price Target Cut by Truist as Macro Pressures Weigh on Outlook pcruciatti / Shutterstock.com On March 26, Truist lowered its price recommendation on JPMorgan Chase & Co. (NYSE:JPM) to $323 from $330. It reiterated a Hold rating on the shares. The update came as part of a broader note on regional and universal banks. The analyst pointed to ongoing macro concerns and structural pressures that have weighed on sentiment across bank stocks. These include war, interest rates, stagflation, AI displacement, and the rise of private credit. Even with those factors in play, recent updates for the quarter have been fairly positive. The analyst also noted that management teams have sounded constructive about the outlook for the full year. A March 26 report from Bloomberg said that JPMorgan Chase is preparing a private credit interval fund. The fund would allow investors to redeem up to 7.5% on a quarterly basis. The bank has also asked regulators to allow monthly Show less Read more
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