JPMorgan updated its price targets for two major Wall Street firms on Oct. 16, according to a news flash published by BlockBeats. The bank raised its target on Goldman Sachs (GS.N) to $970 from $955. It also lifted its target on Morgan Stanley (MS.N) to $198 from $195. The item was published as a 7x24 market update, and no further details were provided in the source about the rationale behind the revisions. The report only stated the changes in target prices and identified the two covered institutions by name and ticker.
JPMorgan raised its price target on Goldman Sachs (GS.N) to $970 from $955 on Oct. 16, according to a BlockBeats news flash.
The bank also increased its price target on Morgan Stanley (MS.N) to $198 from $195.
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