Wells Fargo raised the firm’s price target on JPMorgan (JPM) to $300 from $270 and keeps an Overweight rating on the shares. The firm says JPMorgan reflects “Goliath is Winning” given market share gains, best-in-class performance, and what it sees as the most positive regulatory inflection in 3 decades. Wells expects re-rating similar to “Year 1 in Trump 1.0.”
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