12:20 PM EDT, 10/14/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target price at $340, applying a forward P/E of 15.5x, near the three-year historical average at 15.0x on normalized earnings. We keep our EPS estimates at $20.25 in 2025 and $22.00 in 2026 on projected total net revenue of $182B and $193B, respectively. JPM reported Q3 2025 EPS of $5.07, an earnings beat compared to consensus at $4.84 per share. We believe the bank can deliver outsize performance for the rest of 2025 and 2026. In our view, it's difficult to deny that JPM maintains best-in-class status vs. other large commercial banks. With net interest income at 55% of Q3 2025 total net revenue, we believe NII will make up for lower rates with higher loan volume activity in consumer and commercial units. The most significant delta to higher revenue and earnings growth is associated with businesses in the capital markets, such as trading, equity and debt underwriting, M&A advisory fees, and fee growth from asset and wealth management. Higher return of capital is another benefit of better performance.