JPM Analyst Ratings

Robert W. Baird upgraded JPMorgan to Neutral from Underperform on Feb 3, signaling the bear case is fading. Keefe Bruyette upgraded to Outperform in mid-2025. Consensus is Buy with a $355 average target — Street sees JPM as the best-positioned large bank.

ANALYST RATINGS
Buy$293
JPM
Neutral$280
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2026-02-03
Outperform$327
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2025-07-09
Reduce$259
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2025-07-08
Underperform$235
Downgrade
2025-06-27
Buy$305
Initiated
2025-05-15
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2026-02-03
Robert W. Baird
RatingNeutral
FromUnderperform
Target$280
From—
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2025-07-09
Keefe Bruyette
RatingOutperform
FromMkt Perform
Target$327
From—
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2025-07-08
HSBC Securities
RatingReduce
FromHold
Target$259
From—
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2025-06-27
Robert W. Baird
RatingUnderperform
FromNeutral
Target$235
From—
Initiated
2025-05-15
TD Cowen
RatingBuy
From—
Target$305
From—
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2025-03-07
Robert W. Baird
RatingNeutral
FromUnderperform
Target$220
From$215
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2025-01-03
Wolfe Research
RatingOutperform
FromPeer Perform
Target$269
From—
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2024-11-07
Robert W. Baird
RatingUnderperform
FromNeutral
Target$200
From—
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2024-09-30
Morgan Stanley
RatingEqual-Weight
FromOverweight
Target$224
From$220
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2024-09-03
Deutsche Bank
RatingHold
FromBuy
Target$235
From—
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2024-08-20
Daiwa Securities
RatingOutperform
FromBuy
Target$240
From—
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2024-01-09
Deutsche Bank
RatingBuy
FromHold
Target$190
From$140
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2023-11-02
Odeon
RatingHold
FromBuy
Target$140
From—
Initiated
2023-09-07
HSBC Securities
RatingHold
From—
Target$159
From—
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2023-07-12
Citigroup
RatingNeutral
FromBuy
Target$160
From—
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2023-07-11
Jefferies
RatingBuy
FromHold
Target$165
From$149