JPMorgan Expands As Other Investment Banks Cut Back

HFA Padded
HFA Staff
Published on

JPMorgan Chase & Co. (NYSE:JPM) is not pulling back in the wake of economic uncertainty, according to a new report from Goldman Sachs Group, Inc. (NYSE:GS). While several other investment banks are currently trying to reduce their exposure, JPMorgan is continuing to expand its portfolio, which should be a source of growth going forward. The report, authored by analysts Richard Ramsden, Ryan M. Nash, Daniel Paris, and Conor Fitzgerald, puts a price target of $52 on the investment bank’s shares with a buy rating. The firm’s shares closed Monday January 28 at $46.64, and are up by more than 25…

On This Page


Login if you are HedgeFundAlpha Subscriber.

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.