Picture of Truist Financial logo

TFC Truist Financial News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedLarge CapSuper Stock

Truist lifts JPMorgan PT on improved capital markets environment

** Truist raises JPMorgan Chase JPM.N PT to $319 from $290, a 2% upside on stock's last close

** Raises 2025 and 2026 EPS estimate to $19.55 and $20.20 respectively, reflecting improved capital markets environment for investment banking, trading and wealth/asset management

     ** Brokerage says new 2027 EPS estimate of $22.80 reflects low double digit YoY earnings growth

** 16 of 26 brokerages rate the stock "buy" or higher, eight "hold" and two "sell" or lower; their median PT is $317 - according to data compiled by LSEG

** Including session gains of ~1%, shares up nearly 31% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))

Recent news on Truist Financial

See all news