JPMorgan Increases Price Target for JBS N.V. to $20.50
JPMorgan raised its price target on JBS N.V. (NYSE:JBS) to $20.50 from $20, maintaining an Overweight rating ahead of the company's Q1 report. The analyst expects a weak start to the year but remains optimistic about future performance. JBS recently reached a new labor agreement with UFCW Local 7, allowing its Greeley facility to resume normal operations.
Tickers: $JPM
Topics: analyst rating earnings expectations labor agreement price target stock analysis