JPM Stock Price: $172 Target (Up From $164) By Barclays

By Amit Chowdhry ● January 20, 2021
  • The shares of JPMorgan Chase & Co. (NYSE: JPM) has received a price target increase from $164 to $172 by Barclays. These are the details.

The shares of JPMorgan Chase & Co. (NYSE: JPM) has received a price target increase from $164 to $172 by Barclays. And Barclays analyst Jason Goldberg is keeping an overweight rating on the shares following the Q4 results for the company. 

JPMorgan had announced its Q4 earnings on Friday. For the quarter, JPMorgan reported $30.16 billion in revenue, which was well above the estimates. And net profit was up 42%, largely due to credit reserves of $2.9 billion being released.

The fourth quarter earnings per share was $3.79, compared to $2.57 during the same period last year.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.