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The Latest Breaking News from JP Morgan

How Does Grupo Somar Acquisition Reaffirms Procaps' Strategy To Strengthen Footprint In LatAm

Integrated LatAm healthcare and pharmaceutical company Procaps Group (NASDAQ:PROC) has agreed to acquire Grupo Somar (including Grupo Farmacéutico Somar, Química y Farmacia, Gelcaps, and related entities) from Advent International, private equity. Deal terms were not disclosed. Grupo Somar is focused on developing, manufacturing, and marketing branded generic, private label, and OTC products targeted to…

41 Stocks Moving In Monday's Mid-Day Session

41 Stocks Moving In Monday's Mid-Day Session

Gainers Data Storage Corporation (NASDAQ: DTST) shares jumped 51.1% to $3.4750 after the company reported better-than-expected Q1 financial results.

Benzinga's Top Ratings Upgrades, Downgrades For May 16, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 16, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For May 13, 2022

Is Comstock Resources a Good Oil & Gas Stock to Own in 2022?

Shares of oil and gas exploration company Comstock Resources (CRK) have rallied nearly 160% in price over the past year on the back of surging energy prices. However, given that JP Morgan recently cut its global oil demand forecast for 2022, would it be worth adding the stock to one’s…

Benzinga's Top Ratings Upgrades, Downgrades For May 11, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 9, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2022

Upgrades For Coupang Inc (NYSE:CPNG), JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $46.00 and a 52-week-low of $11.91. At the end of the last trading period, Coupang closed at $11.99.

Benzinga's Top Ratings Upgrades, Downgrades For May 5, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 5, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 2, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 2, 2022

JP Morgan downgrades Thailand on fading tourism recovery

JP Morgan downgrades Thailand on fading tourism recovery

Analysts at J.P. Morgan downgraded Thailand's equities rating on Monday, citing the slow pace of recovery in the tourism industry due to rising inflation and a surge in Covid-19 cases in China.

Benzinga's Top Ratings Upgrades, Downgrades For April 28, 2022

Benzinga's Top Ratings Upgrades, Downgrades For April 28, 2022

JP Morgan Upgrades Ecolab: Here's What You Need To Know

JP Morgan Upgrades Ecolab: Here's What You Need To Know

JP Morgan upgraded its rating of Ecolab (NYSE:ECL) to Overweight with a price target of $190.00, changing its price target from $191.00 to $190.00. Shares of Ecolab are trading up 1.77% over the last 24 hours, at $171.46 per share.

This Is What Whales Are Betting On Tesla

This Is What Whales Are Betting On Tesla

A whale with a lot of money to spend has taken a noticeably bearish stance on Tesla. Looking at options history for Tesla (NASDAQ:TSLA) we detected 414 strange trades.

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Benzinga's Top Ratings Upgrades, Downgrades For April 27, 2022

The Guardian - UK

Bank bosses’ optimism darkens as war follows on the heels of Covid

Last year’s hopes of a return to normal will largely be absent from this week’s downbeat set of UK lenders’ results

Benzinga's Top Ratings Upgrades, Downgrades For April 20, 2022

JP Morgan Maintains Neutral Rating for Meritage Homes, Lowers Price Target To $89

JP Morgan has decided to maintain its Neutral rating of Meritage Homes (NYSE:MTH) and lower its price target from $111.00 to $89.00. Shares of Meritage Homes are trading up 3.69% over the last 24 hours, at $82.25 per share.

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Benzinga's Top Ratings Upgrades, Downgrades For April 11, 2022

Benzinga's Top Ratings Upgrades, Downgrades For April 7, 2022

Analysts Raise Price Target On SunPower, Still See Downside

BofA analyst Julien Dumoulin-Smith upgraded SunPower Corp (NASDAQ:SPWR) to Neutral from Underperform with a price target of $23, up from $13 (3% downside). The re-rating followed the company's analyst day, which he said offered clarity on the growth trajectory. Given what he calls "admittedly a robust turnaround plan with specific steps," Dumoulin-Smith made "material" upward…

Benzinga's Top Ratings Upgrades, Downgrades For April 4, 2022

Evening Standard

JP Morgan CEO Jamie Dimon warns bank could lose up to $1 billion from exposure in Russia

The investment bank’s boss Jamie Dimon says to ‘prepare for the worst and hope for the best’

The Guardian - UK

JP Morgan boss: US should take stronger stance over Russia

Jamie Dimon says bank could lose $1bn from crisis and calls for new ‘Marshall plan’ to ensure energy supply

Asharq Al-Awsat

JP Morgan Drops Apple, Qualcomm from Top Picks as Tech Demand Slows

Slowing demand for smartphones is likely to hit growth at Apple and chipmaker Qualcomm, analysts at J.P.

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