Freedom Broker Upgrades JPMorgan to Buy, Raises Target to $370
Freedom Broker raised its rating to Buy from Hold and its price target to $370 from $365 on October 15. JPMorgan shares were up approximately 1.85% at $341.75 at 11:17 a.m. ET on October 16.
JPMorgan Chase (NYSE:JPM) gained to $341.75, up approximately 1.85%, at 11:17 a.m. ET on October 16, after a valuation-driven rating change. The Fly reported that Freedom Broker upgraded the stock to Buy from Hold on October 15 and raised its price target to $370 from $365. The broker’s reasoning was…