Top analyst Mayo hikes JPMorgan price target, calls bank a ‘Goliath on steroids

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JPMorgan Chase is well-positioned to take full advantage of an improving U.S. and global economy, Wells Fargo analyst Mike Mayo said in a note on Friday.

Mayo hiked his price target for the bank stock on Friday, calling JPMorgan a “Goliath on steroids.” Mayo is the top Wall Street analyst covering large cap banks, according to Institutional Investor.

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