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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on JPM:
- JPM, WFC, C: What to Expect from Q1?
- Banks that Aided First Republic Increase Their Reserves
- Jes Staley to face Epstein claims alongside JPMorgan, FT reports
- JPMorgan dealmaking under scrutiny from U.S. regulator OCC, FT reports
- JPMorgan’s (NYSE:JPM) Spree of Smaller Deals Under Scrutiny After Startup Frank’s Debacle
