JPMorgan Gears Up For Q4 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

JPMorgan Chase & Co. JPM is expected to release earnings results for its fourth quarter, before the opening bell on Jan. 12, 2024.

Analysts expect the company to report quarterly earnings at $3.36 per share, down from year-ago earnings of $3.56 per share. The company is projected to post revenue of $39.78 billion, compared to $35.57 billion in the year-earlier quarter, according to Benzinga Pro.

JPMorgan Chase CEO Jamie Dimon recently reiterated his long-standing opposition to Bitcoin and other cryptocurrencies, going so far as to suggest the government should shut down the industry.

JPMorgan shares fell 0.4% to close at $170.30 on Thursday.

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.

• Deutsche Bank analyst Matt O’Connor upgraded the stock from Hold to Buy and increased the price target from $140 to $190 on Jan. 9, 2023. This analyst has an accuracy rate of 63%.
• Oppenheimer analyst Chris Kotowski maintained an Outperform rating and raised the price target from $233 to $243 on Nov. 16, 2023. This analyst has an accuracy rate of 74%.
• Piper Sandler analyst Scott Siefers maintained an Overweigh rating and boosted the price target from $168 to $170 on Oct. 16, 2023. This analyst has an accuracy rate of 67%.
• BMO Capital analyst James Fotheringham maintained a Market Perform rating and increased the price target from $167 to $171 on Oct. 16, 2023. This analyst has an accuracy rate of 69%.
• HSBC analyst Saul Martinez initiated coverage on the stock with a Hold rating and a price target of $159 on Sept. 7, 2023. This analyst has an accuracy rate of 63%.

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