U.S. stocks are rising after cooler-than-expected inflation stokes rate hopes
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JPMorgan (JPM) premium valuation has now returned, Citi cuts to neutral
July 12, 2023 2:03 PM EDTOn Wednesday, Citi analyst Keith Horowitz downgraded JPMorgan (NYSE: JPM) to Neutral with a $160 per share price target.
The analyst explained to investors in a note previewing US bank stocks' second-quarter earnings that the JPM downgrade is based on its valuation.... More
Keybanc Positive on Microsoft (MSFT) (yesterday)
July 12, 2023 11:15 AM EDTMicrosoft (NASDAQ: MSFT)
The analyst comments "Today Microsoft announced the release of Entra Internet Access and Entra Private Access, effectively expanding into network security with SSE (Secure Service Edge), setting Microsoft up to more directly compete with PANW, ZS, NET, and... More
