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JPMorgan (JPM) is upgraded to Buy at Deutsche Bank with price target of $53. The stock has had a...

JPMorgan (JPM) is upgraded to Buy at Deutsche Bank with price target of $53. The stock has had a nice run since the London Whale blowup hit the shares, but relative to the other TBTFs has lagged by 30%. That's about to change, says Matthew O'Connor, as the bank is best-positioned for a pickup in consumer loan growth.
Comments (3)
  • assuming consumers are in the position to borrow ?
    25 Jan 2013, 01:05 PM Reply Like
  • or Apple could take its 137 billion and buy 75% of JPM
    25 Jan 2013, 01:06 PM Reply Like
  • Bought JPM the day DB downgraded it last summer. Looks like a sign to sell now after the 33% gain.
    25 Jan 2013, 03:51 PM Reply Like
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