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Jefferies Financial raised target price for JPMorgan and Wells Fargo & Co.
July 4th, Guolong News | Jefferies Financial: Raised JPMorgan's target price from $230 to $239 and increased Wells Fargo & Co.'s target price from $62 to $64.
The 'best contra-indicator' for the U.S. stock market has resigned.
JPMorgan's Chief Strategist Marko Kolanovic initially bullish sentiment led to a big drop in the US stock market. However, when he turned bearish, the US stock market rose sharply, making him a perfect "contrarian indicator".
Evercore Maintains JPMorgan(JPM.US) With Buy Rating, Maintains Target Price $210
Evercore analyst Glenn Schorr maintains $JPMorgan(JPM.US)$ with a buy rating, and maintains the target price at $210.According to TipRanks data, the analyst has a success rate of 62.9% and a total ave
JPMorgan Options Spot-On: On July 3rd, 228.5K Contracts Were Traded, With 873.34K Open Interest
On July 3rd ET, $JPMorgan(JPM.US)$ had active options trading, with a total trading volume of 228.5K options for the day, of which put options accounted for 7.38% of the total transactions, and call o
Mortgage Applications Fall As Rates Climb Back Above 7%
Mortgage applications have slowed as the average interest rate for 30-year mortgages has gone back above 7%.Loan requests declined 2.6% on a seasonally adjusted basis as of June 28 from a week earlier
Mortgage Applications Fall as Rates Increase, MBA Says
Mortgage applications declined for the first time in several weeks as interest rates increased, the Mortgage Bankers Association said Wednesday.