Sorry!! The article you are trying to read is not available now.
Bank of America Merrill Lynch Raises Numbers on JP Morgan Chase (JPM)

On Wednesday, analysts at Bank of America Merrill Lynch boosted the price target and earnings estimates on JP Morgan Chase & Co. (JPM) as the financial services giant should see improved net interest income.

The analysts maintain a “Buy” rating on JPM and now see shares reaching $55. This new valuation suggests a 15.5% upside to Tuesday’s closing price of $47.60.

JP Morgan shares were up 98 cents, or +2.06%, during Wednesday morning trading. The stock is up +24.4% over the past year.

The Bottom Line
Shares of JP Morgan (JPM) have a dividend yield of 2.51% based on Wednesday’s intraday trading price of $47.85 and the company’s annualized dividend payout of $1.20 per share.

JP Morgan Chase & Co. (JPM) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here