JPMorgan Chase Just Delivered a Knockout Quarter, but Can the Stock Keep Rising?
There was very little to dislike about JPMorgan Chase's (NYSE: JPM) second-quarter earnings report.
The largest bank in the U.S. by assets reported nearly $14.5 billion in profits on revenue of $41.3 billion, blowing past consensus estimates. Profits grew 67% year over year, while revenue jumped 34%.
JPMorgan Chase also significantly raised its full-year guidance, giving investors everything they could want and then some. But with the shares already trading at a premium valuation, can the stock keep rising from here? Let's take a look.
Source Fool.com
JPMorgan Chase & Co. Aktie
195,08 €
-0,24 %
Und JPMorgan Chase & Co. steht derzeit mit 34 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung bei unserer Community hoch im Kurs.
Das Community-Kursziel von 202 € für JPMorgan Chase & Co. deutet auf ein leicht positives Wachstumspotenzial gegenüber 195.08 € hin.
