JPMorgan cuts price targets on Flagstar Bank and Freshpet shares
JPMorgan lowered its price target on Flagstar Bank to $11.50 from $14.00 and on Freshpet to $76.00 from $78.00. Reported by Dow Jones Newswires, citing Benzinga.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
JPMorgan cut its price target on Flagstar Bank N.A. to $11.50 per share from $14.00. For Freshpet, the target was lowered to $76.00 from $78.00, while the Overweight rating was maintained. Dow Jones Newswires reported the changes, citing data from Benzinga.
The revisions concern price targets only; the report does not give the analysts' reasoning or new financial figures for either company.
why it matters
Changes like these usually reflect analysts adjusting their valuation of a stock and rarely move the broader market. Investors in Flagstar Bank and Freshpet will likely focus more on upcoming earnings and the guidance the companies provide. The Flagstar target cut is about 18% from the previous level, while the Freshpet cut is about 2.6%.
tags
instruments
sources
- Flagstar Bank N.A. Price Target Cut to $11.50/Share From $14.00 by JP Morgan — Dow Jones Newswires, 26 October 2026 at 16:00 UTC
- Freshpet Price Target Cut to $76.00/Share From $78.00 by JP Morgan — Dow Jones Newswires, 26 October 2026 at 16:00 UTC
- XPeng Price Target Cut to $10.00/Share From $11.50 by JP Morgan — Dow Jones Newswires, 26 October 2026 at 16:15 UTC
- NIO Price Target Cut to $3.70/Share From $4.50 by JP Morgan — Dow Jones Newswires, 26 October 2026 at 16:10 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗