JPMorgan All Set To Report Earnings On Friday; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

JPMorgan Chase & Co. JPM is expected to report results for its fourth quarter and full-year 2022 financial results on Friday, January 13, 2023.

Analysts expect the bank to report quarterly earnings of $3.09 per share on revenue of $34.31 billion.

JPMorgan shares rose 0.9% to close at $138.60 on Tuesday, and added 0.3% in today’s pre-market trading session.

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 bank in the recent period.

• Deutsche Bank’s analyst Matt O’Connor downgraded the stock from Buy to Hold on January 6, 2023, and slashed the price target from $155 to $145. This analyst sees around 5% upside in the company’s stock and has an accuracy rate of 69%.
• Barclays analyst Jason Goldberg maintained an Overweight rating on January 3, 2023, and raised the price target from $162 to $189. This analyst sees around 36% upside in the company’s stock and has an accuracy rate of 46%.
• Oppenheimer analyst Chris Kotowski maintained an Outperform rating on December 28, 2022, and cut the price target from $174 to $169. This analyst sees around 22% upside in the company’s stock and has an accuracy rate of 78%.
• Citigroup’s analyst Keith Horowitz maintained a Buy rating on December 12, 2022, and raised the price target from $135 to $150. This analyst sees around 8% upside in the company’s stock and has an accuracy rate of 75%.
• Piper Sandler’s analyst Scott Siefers initiated an Overweight rating on the stock on December 8, 2022, with a price target of $150. This analyst sees around 8% upside in the company’s stock and has an accuracy rate of 60%.

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