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JPMorgan Chase A Strong Buy: Raymond James

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HFA Staff
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Raymond James analysts Anthony Polini, Daniel Marchon and Nicole Gulino look at what 3Q13 could hold for JPMorgan Chase & Co (NYSE:JPM) and reiterate their strong Buy rating on the bank in view of its attractive valuation and growth outlook.

JPMorgan Chase A Strong Buy: Raymond James

JPMorgan earnings

JPMorgan Chase & Co (NYSE:JPM) will report Q3 earnings on October 11 at 7:00 a.m.

Raymond James expects 3Q13 EPS at $1.29. Against this, market consensus is in the range of $0.70 - $1.57 with a mean expectation of $1.27.

Key positives

Improved credit quality could result in a decline in net charge offs...

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