The bank upgraded its rating on Capital One Financial, citing its cheaper valuation after a fall in 2026 and ability to manage a potentially weaker consumer.
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The firm upgraded the online lender to overweight from neutral.
The biggest takeaway from the quarter was better-than-expected credit performance.
JPMorgan sees shares of Procter & Gamble rising 11% from current levels.
The bank foresees upside of 29% ahead for the stock.
JPMorgan's new price target implies that shares of Citigroup could rise 11% from here.
There was a slightly larger-than-expected increase in provisions for credit losses, but we're not seeing any red flags.
