JPMorgan's newest additions to its list of top stock picks include AT&T and First Citizens BancShares.
A new month of trading kicked off Monday, and JPMorgan highlighted the names it thinks can outperform in July. The S & P 500 rallied 3.5% in June, reaching all-time highs and posting its seventh monthly gain in eight. Now, as Wall Street wades into the latter part of 2024, JPMorgan updated its Analyst Focus list. It includes its top equity ideas targeted toward growth, income, value and short strategies.
Another name on JPMorgan's focus list this month was semiconductor manufacturer Broadcom . Analyst Harlan Sur's price target of $2,000 is approximately 25% above the stock's Friday close. Jefferies echoed JPMorgan's bullish sentiment last month by reiterating its buy rating on the company. Bank of America also hiked its price target to $2,150 from $2,000, calling the stock one of its top picks .
Dupont De Nemours Inc Entergy Corp Danaher Corp PVH Corp Broadcom Inc First Citizens Bancshares Inc (Delaware) AT&T Inc Stock Markets Investment Strategy Business News
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