TD Cowen reiterates JPMorgan stock rating, citing growth momentum

Published 11/06/2025, 15:20
© Reuters.

TD Cowen maintained its Buy rating and $315.00 price target on JPMorgan (NYSE:JPM), currently trading at $268.82, following the bank’s recent investor conference presentation. With a market capitalization of $746.55 billion, JPMorgan remains a dominant force in the banking sector. The research firm highlighted Chairman and CEO Jamie Dimon’s participation at the event.

The firm noted that JPMorgan continues to demonstrate "impressive organic growth momentum across its dominant businesses," reflected in its strong 41.4% return over the past year and 13.32% year-to-date performance. TD Cowen expressed confidence in the bank’s performance and leadership, which is supported by InvestingPro’s "GOOD" overall Financial Health rating.

In its analysis, TD Cowen pointed to artificial intelligence innovations as a factor that could provide "potentially exponential profitability opportunities" for JPMorgan over time. The firm also identified private credit expansion as another growth avenue for the bank, which has demonstrated its financial strength through 55 consecutive years of dividend maintenance.

TD Cowen specifically praised Dimon’s leadership, stating the conference "reinforced our view that he is one of the great bankers of our generation." This assessment came after Dimon’s presentation at the investor event.

The firm concluded its assessment by reaffirming its positive outlook on JPMorgan. The maintained Buy rating and unchanged $315.00 price target reflect TD Cowen’s continued confidence in the bank’s strategic direction.

In other recent news, JPMorgan Chase & Co. reported $173 billion in revenue for the year 2024, with Wells Fargo (NYSE:WFC) analysts raising the company’s stock price target to $320, maintaining an Overweight rating. The analysts highlighted JPMorgan’s strong market presence and noted its leading positions in various sectors, including investment banking and consumer banking. Additionally, JPMorgan is targeting the Asia Pacific’s private credit market for growth, aiming to capitalize on the region’s robust GDP expansion and the relatively nascent state of the private credit market there. The bank plans to allocate an additional $50 billion towards its direct lending efforts in this rapidly expanding sector.

JPMorgan is also making strides in the cryptocurrency space by preparing to accept crypto-linked assets as collateral for loans. This move will begin with offering financing against crypto exchange-traded funds, starting with BlackRock Inc (NYSE:BLK).’s iShares Bitcoin Trust. Furthermore, JPMorgan Chase’s CEO, Jamie Dimon, has expressed concerns about potential bond market challenges due to rising U.S. national debt, which could lead to wider spreads.

In another development, Truist Securities raised JPMorgan’s stock price target to $280, citing a positive outlook on deposit margin expansion and volume growth in consumer banking. The bank’s projections for net interest income in 2027 suggest a target exceeding $100 billion, surpassing current consensus estimates. Truist Securities’ decision reflects optimism regarding JPMorgan’s future financial performance, particularly in its consumer banking operations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.