- JPMorgan strategists express an optimistic outlook for the stock market, expecting another year of double-digit returns driven by strong corporate earnings and economic growth.
- JPMorgan analysts specifically upgraded MDU Resources Group to Overweight with a price target of 27 USD, implying a 31% upside potential alongside a 2.7% forward dividend yield.
- The positive rating on MDU is supported by its improving Eastern Bakken pipeline visibility, robust business momentum, and an expected double-digit compound annual growth rate in earnings per share.
