J.P. Morgan stock is up more than 37 percent this year, but analysts at Keefe Bruyette & Woods don’t expect a repeat of that performance in 2020.
The firm downgraded the stock to “market perform” from “outperform,” and placed a target price of $135 on the shares, which were trading for $134.41 at the close of the market on Monday.
This article was originally published by Cnbc.com. Read the original article here.