Monday's analyst calls: Nvidia gets a price target increase, JPMorgan Chase is downgraded

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Monday's analyst calls: Nvidia gets a price target increase, JPMorgan Chase is downgraded
Stock MarketsJpmorgan Chase & CoSPDR S&P Bank ETF
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A major chipmaker and a banking giant were among the stocks being talked about by analysts on Monday.

UBS raised its price target on Nvidia , calling for nearly 20% upside. Meanwhile, Wolfe Research downgraded JPMorgan Chase to peer perform from outperform. Check out the latest calls and chatter below. All times ET. 5:50 a.m.: UBS hikes Nvidia price target, now sees 19% upside UBS sees more gains ahead for Nvidia . Analyst Timothy Arcuri raised his price target for the graphics processing unit manufacturer to $150 from $120. reiterating his buy rating.

— Lisa Kailai Han 5:50 a.m.: Wolfe Research downgrades JPMorgan Chase JPMorgan Chase's valuation is becoming stretched, and it's time for investors to step away from the banking giant, according to Wolfe Research. Analyst Steven Chubak downgraded the stock to peer perform from outperform. He also removed his price target of $216, which implied upside of 5%.

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