JPMorgan Likely To Report Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

JPMorgan Chase & Co. JPM is expected to report its second-quarter financial results, before the opening bell on July 14, 2023.

Analysts expect the company to post quarterly earnings at $4 per share, up from year-ago earnings of $2.76 per share. The company’s revenue might come in at $38.96 billion.

JPMorgan shares rose 0.5% to close at $148.15 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Citigroup analyst Keith Horowitz downgraded the stock from Buy to Neutral with a price target of $160 on July 12, 2023. This analyst sees around 8% upside in the company’s stock and has an accuracy rate of 75%.
• Jefferies analyst Ken Usdin upgraded the stock from Hold to Buy and raised the price target from $149 to $165 on July 11, 2023. This analyst sees around 11% upside in the company’s stock and has an accuracy rate of 74%.
• Wolfe Research analyst Steven Chubak upgraded the stock from Peer Perform to Outperform on July 7, 2023. This analyst has an accuracy rate of 73%.
• Oppenheimer analyst Chris Kotowski maintained an Outperform rating and increased the price target from $192 to $196 on May 2, 2023. This analyst sees around 32% upside in the company’s stock and has an accuracy rate of 74%.
• Keefe, Bruyette & Woods analyst David Konrad maintained a Market Perform rating and boosted the price target from $131 to $155 on April 17, 2023. This analyst sees around 5% downside in the company’s stock and has an accuracy rate of 77%.

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