Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named JPMorgan Chase & Co. (NYSE: JPM), which hit a new 52-week high on Tuesday. "I think the stock is good for over $200," he added.
On March 19, JPMorgan Chase raised its common stock dividend from $1.05 to $1.15 per share. Oppenheimer analyst Chris Kotowski maintained JPMorgan with an Outperform but lowered the price target from $238 to $219.
JPMorgan Chase is scheduled to review first-quarter 2024 financial results before the opening bell, on April 12, 2024.
Shannon Saccocia of NB Private Wealth picked iShares U.S. Real Estate ETF (NYSE: IYR) as her final trade.
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Jim Lebenthal of Cerity Partners recommended having a look at the chart of The Walt Disney Company (NYSE: DIS). "This is just dying to break out to a new 52-week high," he added.
Walt Disney’s ESPN announced two new agreements with the College Football Playoff. ESPN, a subsidiary of Disney, and the College Football Playoff reached a $7.8 billion agreement that ensured ESPN would continue to be the exclusive rights holder for the college football playoffs through the 2031-32 season.
Price Action:
- JPMorgan shares gained 0.6% to settle at $193.79 on Tuesday.
- iShares U.S. Real Estate ETF gained 0.1% on Tuesday.
- Disney rose 0.6% to settle at $114.51 during Tuesday’s session.
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