Morgan Stanley Maintains An Equal Weight Rating On JPMorgan Chase & Co. (JPM)

Core Insights - JPMorgan Chase & Co. is recognized as one of the 12 Best Performing Dow Stocks in 2025 [1] - Morgan Stanley has maintained an Equal Weight rating on JPMorgan Chase & Co. while reducing its price target from $338 to $331, and has revised EPS expectations for 2026 and 2027 down by 3% and 2% respectively [2] - JPMorgan Chase & Co. anticipates expenses to rise to approximately $105 billion in 2026, driven by expansion costs and strategic initiatives, particularly in the consumer and community banking division [3] - Market revenue is expected to grow by low-teen percentages in Q4, while investment banking revenue is projected to increase by low-single-digit percentages [4] - The stock of JPMorgan Chase & Co. experienced a significant drop of 4.3% following the announcement of rising expenses, marking the largest one-day decline since April 2025 [4] - JPMorgan Chase & Co. is one of the largest financial institutions in the U.S., with over $4 trillion in assets [5]