The Latest Breaking News from JP Morgan

What To Know About JP Morgan's Upgrade of ZIM Integrated Shipping

JP Morgan upgraded its rating of ZIM Integrated Shipping (NYSE:ZIM) to Neutral with a price target of $53.30, changing its price target from $43.60 to $53.30. Shares of ZIM Integrated Shipping are trading up 2.17% over the last 24 hours, at $49.86 per share.

Benzinga · Jun 17, 2022

Atlas Enters Interest Rate Cap Agreement

Atlas Technical Consultants Inc (NASDAQ:ATCX) has entered an interest rate cap transaction with JPMorgan Chase Bank, N.A., to mitigate the risk of potential interest rate fluctuations on the company's interest expense. "Reducing leverage and continuing to simplify our capital structure remain a top priority for Atlas," stated CEO Joe Boyer. As per the…

Benzinga · Jun 16, 2022

JPMorgan's Fundraise Strategy For Wealthy Private Bets Comes With Its Share Of Pros And Cons

JP Morgan Chase & Co (NYSE: JPM) beat Morgan Stanley (NYSE: MS) and Goldman Sachs Group, Inc (NYSE: GS) to sourc

Benzinga · Jun 16, 2022

JP Morgan Sees Buying Opportunities In Alibaba And Other Chinese Stocks Citing These Reasons

The 2021's deep selloff in Chinese stocks could finally be on the verge of a turnaround, Bloomberg quoted JP Morgan Chase & Co (NYSE:JPM) strategist Marko Kolanovic. Kolanovic expected the Chinese equities to have reached their turning point with ease in lockdowns, continued growth support measures, and possible relaxation in the regulatory crackdown.…

Benzinga · Jun 7, 2022

City donations worth £15m raise concerns over influence on UK politics

Total donated to parties by financial firms and individuals tied to the sector over two years, report says

The Guardian - UK · Jun 6, 2022

Dylan and Will McMahon: brothers behind the UK’s only baby milk producer

The brothers helping run Kendal Nutricare on being ‘best mates’, working with their father and tackling a US shortage

The Guardian - UK · Jun 4, 2022

Benzinga's Top Ratings Upgrades, Downgrades For June 3, 2022

 

Benzinga · Jun 3, 2022

Here's Why Analysts Had Mixed Opinions On C3.ai Post Q4 Results

Analyst opinions remained mixed about C3.ai, Inc (NYSE:AI) following its dismal FY23 guidance despite a Q4 beat. Piper Sandler analyst Arvind Ramnani downgraded C3.ai from Overweight to Neutral and slashed the price target from $28 to $15. The re-rating reflected lackluster guidance triggered by enterprise spending softness, slower customer growth, and a dismal demand.  Ramnani noted the…

Benzinga · Jun 2, 2022

Once-unthinkable: Subsidies for American oil drillers

Could the Federal government be forced to give energy giants subsidies to boost production?

Axios · Jun 1, 2022

Analysts Slash Price Target On American Eagle Outfitters Post Q1 Results

Analysts slashed the price target of American Eagle Outfitters Inc (NYSE:AEO) following the company's Q1 results.  BMO Capital analyst Daniel Stroller lowered the price target to $15 (14% upside) from $23 and kept a Market Perform rating on the shares. Stoller noted that macro-economic problems like inflation and soaring gas prices had amplified the issues in…

Benzinga · May 27, 2022