JPM - JPMorgan Stock Has 13% Upside According to 1 Wall Street Analyst
2024-05-16 06:20:00 ET
JPMorgan Chase (NYSE: JPM) is the biggest bank in the world -- and it isn't even close.
Measured by market capitalization, JPMorgan's $578 billion valuation dwarfs that of its closest rival, Bank of America , by nearly 2x. But doesn't the "law of large numbers" work against it? If JPMorgan gets bigger, won't it be harder to post even more impressive growth ?
Perhaps. But Jefferies analyst Ken Usdin says JPMorgan will grow 13% bigger and hit a stock price of $227 per share within a year.
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JPMorgan Stock Has 13% Upside, According to 1 Wall Street Analyst