Reported about 1 year ago
On July 5, 2024, the S&P 500 index hit a new high with a 3.5% increase in June, marking seven consecutive months of growth. As the second half of the year begins, J.P. Morgan identified Broadcom, AT&T, and First Citizens BancShares as potential outperformers in July based on growth, revenue, and value metrics. With Broadcom, J.P. Morgan sees a potential 15.65% upside from the current price to its target of $2000. For AT&T, the target price was revised to $21, with a 12.41% potential increase from $18.68. First Citizens BancShares is also optimistic due to its balance sheet and growth prospects, with a 40% upside to J.P. Morgan's target price of $2400.
Source: YAHOO