J.P. Morgan Maintains National Financial Partners Neutral Rating, $15 PT (NFP)

J.P. Morgan maintained its National Financial Partners NFP Neutral rating and $15 price target in a research report published today. In the report, J.P. Morgan states, "Our long-term outlook for NFP is mixed, but we believe that a pickup in organic sales and resumption of acquisitions could be positive near-term catalysts. Valuation seems attractive as well, although the stock is not cheap on a net EPS basis, which we consider to be a better indicator of NFP's long-term returns." Shares of National Financial Partners were at $13.27 in after-market trading at the time of posting, reflecting no change from Tuesday's market close.