JPMorgan

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.9 trillion in assets and $317 billion in stockholders’ equity as of September 30, 2023. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally.

JPMorgan Chase: Raised Meta Platforms (NASDAQ:META) price target to $225 from $150

/ / Technology / ,

JPMorgan Chase & Co. pointed out that Meta Platforms (NASDAQ:META) exceeded expectations in Q4 last year, and CEO Zuckerberg designated 2023 as the “year of efficiency”, in sharp contrast to last year’s Q3 earnings report, and believes that its current internal policy will promote long-term development. The bank pointed out that the results showed that Meta performed well in a challenging macro environment, with improved e-commerce ad spending, strong growth in Instagram short video platforms Reels and click-through advertising (CTM), innovation driven by artificial intelligence technology, and changes in platform privacy protection measures. Lower costs have been the biggest driver in the near term, with Meta expecting total spending to fall by $5 billion this year to $89 billion to $95 billion, beating expectations. Xiaomo said that it remained bullish on Meta, raising its target price to $225, corresponding to the 2024 GAAP EPS forecast of about 17.5 times, reiterating

JPMorgan Chase: Raised Meta Platforms (NASDAQ:META) price target to $225 from $150 Read Post »

JPMORGAN CHASE & CO. (NYSE:JPM) net revenue of $35.57 B ,YoY+18%

/ / Financials /

JPMORGAN CHASE & CO. (NYSE:JPM) Stock price trend forecast and trading range: Updated to: 2023.1.13 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: bullish Sell high and buy low of range : $135 – $142 Support: $135 resistance: $142 Stop Loss Price: $135 price target: $142 Buy the position again: stop falling Medium-term trend: bullish High sell low buy range: $132 – $142 Support: $132 resistance: $142 Stop Loss price: $132 price target: $142 Buy the position again: stop falling Long-term trend: bullish High sell low buy of range: $130 – $142 Support : $130 resistance: $142 Stop Loss price: $130 price target : $142 Buy the position again: stop falling From Analysis from financial statements: January 13, 2023 In fiscal 2022, Q4 achieved revenue of $35.57 billion, YoY+18%, market expectations of

JPMORGAN CHASE & CO. (NYSE:JPM) net revenue of $35.57 B ,YoY+18% Read Post »

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating

/ / Consumer Discretionary / ,

JPMorgan analyst Ryan Brinkman will cut Tesla’s price target to $125 from $150 and maintain an underweight rating on the stock. The analyst lowered his expectations after Tesla reported fourth-quarter deliveries slightly above his model, arguing that new car deliveries appear to come at the cost of higher incentives, suggesting lower pricing and profit margins. In addition, the analyst told investors in a research note that fourth-quarter deliveries fell short of consensus expectations, dragged down by lower pricing, and consensus expectations for fourth-quarter earnings of $1.19 per share could be revised downward. He expects the stock’s multiples to shrink further as the company’s growth expectations slow.

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating Read Post »

JPMorgan: U.S. stocks are expected to rise next year

/ / Financials /

JPMorgan economists believe that U.S. stocks have solved their troubles before macro problems arise in 2023 and now seem increasingly attractive. While we don’t think the stock market has bottomed out, we do think that the risk-to-reward ratio has improved in 2023 given the decline in 2022. With quite a bit of bad news already digested, we believe the likelihood of further declines is more limited than it was at the beginning of 2022. Importantly, the probability of a rise in U.S. stocks by the end of next year has increased enough to be a base scenario.

JPMorgan: U.S. stocks are expected to rise next year Read Post »

JPMorgan Chase: Apple’s iPhone 14 Pro supply shortage has greatly improved

/ / Technology / ,

JPMorgan analyst Samik Chatterjee said in an investment memo that checking Apple (NASDAQ:AAPL) After the distribution channel, it was found that the supply of iPhone 14 Pro models was restored very quickly. Most Apple stores in the United States support in-store pickup, the first such situation since the shortage of supply, indicating that the supply of iPhone 14 Pro models has improved significantly.

JPMorgan Chase: Apple’s iPhone 14 Pro supply shortage has greatly improved Read Post »

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