JPMorgan Upgrades Intrum, Maintains Netflix, Lowers Domino’s Targets

JPMorgan has recently upgraded its ratings on several companies, reflecting improved financial outlooks and strategic developments. The firm reaffirmed a Buy rating on JPMorgan Chase, highlighting its strong organic growth, investments in artificial intelligence, and leadership under CEO Jamie Dimon as key factors for long-term profitability. JPMorgan also upgraded Domino’s Pizza from Underweight to Neutral despite lowering its price target, citing valuation and earnings uncertainty ahead of a strategic reset. Additionally, JPMorgan raised its rating on Swedish debt collector Intrum to Neutral, increasing the price target due to improved servicing profitability and its pivot to a capital-light business model, although leverage concerns remain. For Netflix, JPMorgan maintained a Neutral rating, recognizing the company’s strong fundamentals and growth prospects but noting that the stock price reflects much of the anticipated upside, balancing the risk/reward profile. Overall, these updates reflect JPMorgan’s nuanced approach to equity ratings amid evolving market conditions and company-specific factors.