O'Connor maintained his "Hold" rating on JPMorgan Chase ( JPM), but raised his price target for the shares to $48 from $40, saying that the new price target "assumes JPM trades in line with market sensitive peers (at 9x our 2014E) and a discount to our target group multiple for market sensitive banks and large regionals of 10.5x." JPMorgan's shares closed at $44.57 Thursday. Deutsche Bank estimates the company will earn $4.95 a share in 2013, with EPS growing to $5.36 in 2014 and $5.84 in 2015.
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