Wells Fargo Raises JPMorgan (JPM) Price Target, Cites Market Leadership and Strong Capital

JPMorgan Chase & Co. (NYSE:JPM) is one of the 15 best stocks to invest in for an 18 year old. Analysts at Wells Fargo raised their price target for JPMorgan Chase & Co. (NYSE:JPM) from $300 to $320 while maintaining their Overweight rating on the company’s shares on June 10.

With $4.4 trillion in assets at the end of the first quarter of 2025, JPMorgan Chase & Co. (NYSE:JPM) was dubbed the “Goliath of Goliaths” by Wells Fargo analysts, who also emphasized the company’s strong financial performance and significant market presence.

The analysts highlighted JPMorgan’s dominant position in a number of industries. With an 11% market share, a 9.5% payment share, and 9% industry fees in investment banking, the bank leads the wholesale market. JPMorgan Chase & Co. (NYSE:JPM) leads the consumer banking market as well, with 91 million customers across all sectors, an 11% share of retail deposits, and a 17% share of outstanding credit card loans.

Wells Fargo’s analysis also pointed to JPMorgan’s excess capital utilization as a key factor. JPMorgan Chase & Co. (NYSE:JPM) indicated at its investor day that it now has $57 billion in surplus capital and aims for a 17% medium-term return on tangible common equity (ROTCE).

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 More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.