
On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said JPMorgan Chase & Co. (NYSE:JPM) surged to a new all-time high on Tuesday.
Supporting his view, Morgan Stanley analyst Betsy Graseck, on June 23, maintained JPMorgan with an Equal-Weight rating and raised the price target from $236 to $240.