JPMorgan Chase & Co. (NYSE:JPM) completed $6 billion in public offerings on January 22, including floating-rate and fixed-to-floating-rate notes. TD Cowen reiterated a Buy rating with a price target of $400 on January 14, following the bank’s positive fourth-quarter earnings. The stock declined by 2.3% due to lower investment banking fees.
JPMorgan Chase & Co. (NYSE:JPM) is a New York-based financial services company operating through three segments. Despite positive earnings, the stock declined post-earnings. For those considering investment, certain AI stocks may offer greater upside potential. Check out Insider Monkey’s report on the best short-term AI stock.
Read more at Yahoo Finance: JPMorgan Chase & Co. (JPM) Issues $6 Billion in Notes to Support Liquidity and Financing
