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JPMorgan price target raised to $165 from $150 at Citi

Citi analyst Keith Horowitz raised the firm’s price target on JPMorgan to $165 from $150 and keeps a Buy rating on the shares. The company’s updated guidance and recent commentary on its earnings helped quell Horowitz’s concerns on expenses and capital. The analyst continues to see upward revisions to consensus estimates.

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Published first on TheFly

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