JPMorgan Chase Slips to 21st in Trading Volume as Baird Downgrades to Underperform

Generated by AI AgentAinvest Volume Radar
Friday, Jun 27, 2025 8:01 pm ET1min read

On June 27, 2025,

(JPM) experienced a trading volume of $30.68 billion, ranking 21st in the day's market activity. The stock closed with a 0.59% decline.

Baird, a prominent financial services firm, has downgraded

Chase & Co. from a "neutral" rating to an "underperform" rating. This change in rating reflects Baird's revised outlook on the company's future performance. The firm has set a price target of $235.00 for JPMorgan's stock, indicating their expectation of a potential decline in the stock's value.

Analyst David George from Baird commented on the downgrade, suggesting that the recent rally in JPMorgan's shares may soon reverse. This sentiment is echoed by the firm's decision to lower its rating, signaling caution for investors considering the bank's stock. The downgrade underscores the risks associated with paying premium prices for even the strongest franchises, as highlighted by JPMorgan's P/E ratio.

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