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Browsing the "JPMorgan Chase" Tag

Top Banker For Fossil Fuel Companies Has Low Price Target On Tesla [TSLA]

October 15th, 2019 | by Zachary Shahan

According to a report in The Guardian, the top banker for fossil fuel companies is JPMorgan Chase. In fact, in the past few years it has provided $22.8 billion more in financing than #2 Citi for oil, gas, and coal companies — $75.6 billion versus $53.8 billion. As one Tesla fan noted, JP Morgan's Tesla analyst, Ryan Brinkman, has a very low price target in place for Tesla [TSLA] and an "underweight" rating



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