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JPMorgan Chase & Co. (NYSE:JPM) is included in our list of the 14 hedge fund favorites with strong setup in 2026.
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Recently, analysts at Piper Sandler discussed the company’s outlook.
Amid weaker earnings forecasts and lower bank equity valuations, the firm cut its price target for the stock. Piper Sandler lowered its price target for JPMorgan Chase & Co. (NYSE:JPM) to $325 from $345 on March 30, 2026, while maintaining an “Overweight” rating.
Overall, the investment firm maintained a cautious stance on the company’s outlook, reducing its 2026 EPS estimate to $21.65 from $22.58 and its 2027 forecast to $23.04 from $23.17.
This development followed Wells Fargo’s March 11, 2026, statement that JPMorgan Chase & Co. (NYSE:JPM) was writing down the value of collateral associated with private credit loans tied to software.
The firm stated that it does not anticipate any losses for the company and maintained that JPMorgan Chase & Co. (NYSE:JPM) is still in a strong position to manage underlying collateral. Wells Fargo’s analysts believe that large, diversified banks are well-positioned to absorb private credit exposure in the current climate. The firm maintains an “Overweight” rating on the stock with a $350 price target.
The two updates reflect analyst confidence in JPMorgan Chase & Co. (NYSE:JPM)’s balance sheet strength and risk management framework despite growing concerns about valuation and earnings forecasts.
JPMorgan Chase & Co. (NYSE:JPM), a diversified global financial services company, offers investment banking, consumer banking, commercial lending, and asset management. The company’s operations span capital markets, payments, and wealth management worldwide.
While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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