RE: JP Morgan price target24 Feb 2024 09:37
CEV. I'm struggling with the JP Morgan upgrade yesterday because usually when a bank/ ratings agency upgrades, a stock you get a big increase in share price between 2% and 4% usually! But yesterday's upgrade (all be it by an idiot) and one percent loss was very disappointing to me, especially after results, smashed it out the park! I realise how far we've come and what an amazing price it is just now! A year ago when results came out and it went up 20 odd percent the next day JP Morgan upgraded and change to buy. It was up 7 or 8%!!! Sorry for being such a pessimist