B of A Securities raises JPMorgan Chase price target to $408
B of A Securities analyst Ebrahim Poonawala maintained a Buy rating on JPMorgan Chase and raised the price target from $362 to $408, indicating a positive outlook for the stock.

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B of A Securities analyst Ebrahim Poonawala has maintained a Buy rating on JPMorgan Chase and raised the price target to $408. The new target represents an increase from the previous level of $362.
Rating and Target Details
The analyst's recommendation reinforces a positive outlook on the financial services giant. The revised price target suggests potential upside from current trading levels.
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $362 |
| New Price Target | $408 |
What specific factors drove B of A Securities to raise the price target by $46?
How might JPMorgan's performance be impacted by upcoming interest rate changes?
What are the potential risks that could hinder JPMorgan from reaching the new $408 target?

































