03:10 PM EDT, 09/16/2025 (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 are getting more validation from a recent investor conference that JPM is poised to accelerate growth and margins from businesses positioned in the capital markets. We are raising our 12-month target price to $340 from $320, applying a wider risk premium and a forward P/E of 15.5x, just above the three-year historical average of 15.0x on normalized earnings. We increase our 2026 EPS estimate by $0.10 to $20.25 and 2026's by $0.80 to $22.00 versus consensus at $19.44 and $20.67, respectively. With expected rate cuts and U.S. economic growth near 2.0%, we believe net interest income (NII) will make up lower rates with higher loan volume activity in both consumer and commercial. By far, the more significant delta to higher revenue and earnings growth are businesses in the capital markets such as trading, equity, and debt underwriting; M&A advisory fees; and higher fee growth from asset and wealth management. Higher return of capital is another benefit, with higher performance and improved federal regulation.