Barclays analyst Jason Goldberg lowered the firm’s price target on JPMorgan to $179 from $189 and keeps an Overweight rating on the shares ahead of the Q1 results. Relative to the prior quarter, JPMorgan’s results should reflect lower net interest income, seasonally higher trading revenues but pressured investment banking fees, seasonally higher expenses and and modest share repurchase, the analyst tells investors in a research note.
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Published first on TheFly
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