UBS analyst Erika Najarian tells investors in a research note that a meeting with Consumer & Community Banking Co-CEO Jennifer Piepszak and CFO Bori Cox gives the firm confidence that despite premium valuation, JPMorgan could outperform in a backdrop of contradicting macro expectations. The firm, which made no change to its Buy rating or $184 price target, thinks Piepszak is a strong contender to succeed Jamie Dimon as CEO.
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