Citi analyst Keith Horowitz has maintained their neutral stance on JPM stock, giving a Hold rating on April 11.
Keith Horowitz has given his Hold rating due to a combination of factors related to JPMorgan Chase’s recent performance and market positioning. Despite the bank’s strong capital position and better-than-expected net interest income (NII) and equities trading revenue, Horowitz maintains a neutral stance. This is partly because the bank’s premium valuation reflects its robust standing amid uncertain macroeconomic conditions, suggesting limited upside potential compared to other opportunities in the sector.
Additionally, while JPMorgan Chase did not lower its 2025 NII guidance and executed a modest reserve build, Horowitz believes that the risk/reward profile is more favorable elsewhere. His revised earnings estimates for the coming years show slight increases, yet they remain below consensus expectations, reinforcing the decision to hold rather than buy at current levels.
In another report released on April 11, Morgan Stanley also maintained a Hold rating on the stock with a $235.00 price target.
Based on the recent corporate insider activity of 93 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JPM in relation to earlier this year.