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JPMorgan Chase: Jefferies cuts target price

(CercleFinance.com) - An analyst at Jefferies maintains a "Hold" rating on the JPMorgan Chase stock, and has announced a cut in its target price from 151 dollars to 140 dollars (current price 126 dollars).


"Mgmt's message focused on extending market share gains across the busines (...). Market share gains should continue to aggregate, with mgmt drilling down into unique areas to close existing gaps," Jefferies says.


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