--- title: "Weekly Recap | JPMorgan Chase -0.67%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/298792182.md" description: "JPMorgan Chase (JPM) fell 0.67% this week to close at $356.23, edging out the S&P 500 by about 0.13 percentage points (the index lost 0.8%). Across four sessions, the stock moved in a mild V shape: Tuesday (Sept 8) opened lower and closed at $353.51; Wednesday (Sept 9) touched the week’s low of $348.69 before bouncing to $354.71; Thursday (Sept 10) drifted sideways to $353.56; Friday (Sept 11) gapped higher and reached $360.05 before settling at $356.23. Weekly amplitude came to 3." datetime: "2026-09-12T06:06:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298792182.md) - [en](https://longbridge.com/en/news/298792182.md) - [zh-HK](https://longbridge.com/zh-HK/news/298792182.md) generator: "portal-rs" --- # Weekly Recap | JPMorgan Chase -0.67%, most brokers rate it buy ## The Week JPMorgan Chase (JPM) fell 0.67% this week to close at $356.23, edging out the S&P 500 by about 0.13 percentage points (the index lost 0.8%). Across four sessions, the stock moved in a mild V shape: Tuesday (Sept 8) opened lower and closed at $353.51; Wednesday (Sept 9) touched the week’s low of $348.69 before bouncing to $354.71; Thursday (Sept 10) drifted sideways to $353.56; Friday (Sept 11) gapped higher and reached $360.05 before settling at $356.23. Weekly amplitude came to 3.18%, while average daily volume ran about 23% below the 60-day median, a quiet tape overall. ## Key Events The week’s company news clustered around three themes. First, structured products and credit kept a brisk pace: JPMorgan filed a supplemental prospectus for its structured products programme on Sept 11, followed by a batch of 424B2 filings on Sept 12. It also acted as lead bank on a $690m revolving credit facility for MYR Group, an expanded $200m facility for Friedman Industries, and a $1.5bn revolver refinancing for SanDisk. Second, governance and people: HR head Leopold Robin sold 2,500 shares worth about $882,000, and over the weekend the bank named two insiders to run its $2.4tr private banking business. Third, disputes and risk signals: a trustee for a bankrupt law firm sued JPMorgan for allegedly helping lawyers steal client funds, and a source said the bank cut off lending to Situational Awareness after AI losses. CEO Jamie Dimon also warned the UK against higher bank taxes before the autumn budget. ## Analyst Ratings Among 25 institutions covering the stock, 9 rate it buy, 4 overweight, 10 hold, 1 underweight, and 1 no opinion; no firm rates it sell. Adding buy and overweight gives 13 positive ratings, just over half the panel. The consensus rating is buy. The consensus target is $376.14286, roughly 5.59% above the spot price. Targets span $305 to $452, a spread of nearly 48%, so analysts clearly disagree on the upside. Within the diversified banks sector, JPMorgan ranks 2nd out of 60 names, near the top of the peer group. ## The Week Ahead The macro calendar is busy next week. Tuesday (Sept 15) brings the New York Fed manufacturing index (prior 20.6, consensus 14.75). Wednesday (Sept 16) unfolds a string of releases: retail sales ex-autos, import prices, headline retail sales (prior -0.6, consensus 0.9), NAHB housing market index, and weekly EIA crude inventories. The retail print is the one to watch—if it matches consensus, financials could get a mood boost. On the company side, JPMorgan’s next earnings are due Oct 13 pre-market (fiscal Q3 2026), with consensus at $5.814 EPS and $50.7bn revenue. Before that, whether this week’s credit mandates and the private banking reshuffle produce further disclosure is the nearer-term cue. ## In Short JPMorgan pulled back slightly in the first half of the week, then recovered most of the move on Friday, finishing more resilient than the broad market. The ratings picture leans positive: most brokers rate it buy or overweight, the consensus is buy, and the rank sits near the top of the industry. But target dispersion is wide, and the consensus target implies only about 5.59% upside. Meanwhile, the latest session’s money-flow data shows large and medium orders turning net sellers while small orders are net buyers—short-term sentiment is not fully aligned with the ratings. What to watch is whether next week’s retail sales confirm consumer resilience, and how credit expansion and AI-related exposure show up in the October results. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) ## Related News & Research - [Concurrent Investment Advisors LLC Sells 18,539 Shares of Packaging Corporation of America $PKG](https://longbridge.com/en/news/298696819.md) - [JPMorgan cut off Situational Awareness lending after AI losses, source says](https://longbridge.com/en/news/298771235.md) - [CesiumAstro Puts Future of U.S. Space and Defense Manufacturing on Display for EXIM Bank Chairman](https://longbridge.com/en/news/298763931.md) - [Nano-X Imaging (NASDAQ:NNOX) Releases Quarterly Earnings Results, Beats Expectations By $0.33 EPS](https://longbridge.com/en/news/298460235.md) - [EXCLUSIVE-Silver Lake, Intel-backed Altera prepares IPO that could raise over $2 billion as early as 2026, sources say](https://longbridge.com/en/news/298637089.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**