JPMorgan to maintain key growth targets from last year at investor day: analysts [Reuters]
BlackRock, Inc. (BLK)
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Source: Reuters
JPMorgan to maintain key growth targets from last year at investor day: analysts NEW YORK (Reuters) - JPMorgan Chase & Co ( JPM.N ) executives are unlikely to provide new financial targets at the bank’s annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said. JPMorgan, the biggest U.S. bank by assets, reported record earnings last year and easily met management’s stated goals for expenses and profitability. But its metrics are best-in-class among big U.S. banks, and JPMorgan’s sheer size presents challenges for further growth, analysts said. “We believe the challenge is for JPM to maintain this strong operating performance while at the same time investing for growth and gaining customer wallet share,” said Wells Fargo analyst Mike Mayo. Nonetheless, Wall Street pays close attention to JPMorgan’s investor day, where Chief Executive Jamie Dimon and other senior leaders offer views about key businesses, as well as the global e
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