Freedom Broker Lifts JPMorgan Chase (JPM) Price Target After Strong Q2 Earnings

JPMorgan Chase & Co. (NYSE:JPM) ranks among the best diversified bank stocks to invest in right now. Freedom Broker kept its Hold rating on JPMorgan Chase & Co. (NYSE:JPM) and lifted its price target from $240 to $295 on August 20. The change comes after JPMorgan’s impressive second-quarter 2025 results, in which the company’s earnings per share far surpassed the expectations of the market, even as net revenue fell 11% year-over-year. Ken Wolter / Shutterstock.com Mikhail Paramonov, an analyst at Freedom Broker, claims that the bank’s strong performance in its investment banking segment, reduced provision costs, and one-time tax advantages were the main drivers of its successful performance. While remaining cautious in light of macroeconomic uncertainties, JPMorgan’s management has slightly increased its 2025 projection for both net interest income and operational expenses. JPMorgan Chase & Co. (NYSE:JPM) is a multinational financial services company that offers investment banking in addition to consumer and small business financial services. It also offers commercial banking, asset management, and financial transaction processing. While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds. Disclosure: None. This article is originally published at Insider Monkey.