Investment Bank’s Top Stock Selections for September
- J.P. Morgan updates its Focus List with three new stock picks
- Adobe added to the list with a price target of $580 by Mark Murphy
- Vera Therapeutics shares up 146% YTD, target price $92 by Anupam Rama
- Caesars Entertainment added, analyst Joseph Greff sets $54 price target
- Kyverna Therapeutics, Ultragenyx Pharmaceutical, and Wynn Resorts removed from the list
J.P. Morgan has updated its Focus List, adding Adobe, Vera Therapeutics, and Caesars Entertainment to its top stock picks. Analyst Mark Murphy set a price target of $580 for Adobe, while Anupam Rama targets $92 for Vera Therapeutics. Joseph Greff added Caesars Entertainment with a $54 price target. The bank also removed Kyverna Therapeutics, Ultragenyx Pharmaceutical, and Wynn Resorts from the list.
Image Credits: no
Factuality Level: 8
Factuality Justification: The article provides accurate information about J.P. Morgan’s updated Focus List, including new additions and removals, as well as analysts’ opinions on the added stocks. It also includes relevant details about each company’s performance and reasons for their inclusion or removal from the list.
Noise Level: 3
Noise Justification: The article provides relevant information about J.P. Morgan’s updated Focus List and its top investing ideas for September, with specific stock recommendations and price targets. It also mentions the removal of four stocks from the list due to increased competition or other factors. However, it contains some advertisements and promotional language.
Public Companies: Adobe (ADBE), Vera Therapeutics (VTRS), Caesars Entertainment (CZR), Kyverna Therapeutics (KYVR), Tapestry (TPR), Ultragenyx Pharmaceutical (RARE), Wynn Resorts (WYNN), Amazon.com (AMZN), Microsoft (MSFT), Eli Lilly & Co. (LLY), General Motors (GM), McDonald’s (MCD), United Airlines (UAL)
Key People: Mark Murphy (Analyst at J.P. Morgan), Anupam Rama (Analyst at J.P. Morgan), Joseph Greff (Analyst at J.P. Morgan)
Financial Relevance: Yes
Financial Markets Impacted: J.P. Morgan’s Focus List update impacts the stocks of Adobe, Vera Therapeutics, Caesars Entertainment, Kyverna Therapeutics, Tapestry (Stuart Weitzman parent), Ultragenyx Pharmaceutical, and Wynn Resorts
Financial Rating Justification: The article discusses J.P. Morgan’s update to its Focus List, which includes adding three stocks (Adobe, Vera Therapeutics, Caesars Entertainment) and removing four stocks (Kyverna Therapeutics, Tapestry, Ultragenyx Pharmaceutical, Wynn Resorts), potentially impacting their stock prices and the financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the article.
Move Size: The market move size mentioned in the article is:1% for Adobe stock (from its current levels to $580 price target)90% for Vera Therapeutics shares (from 37.82 to $92 price target)43% upside for Caesars Entertainment stock (based on a $54 price target)
Sector: Technology
Direction: Up
Magnitude: Medium
Affected Instruments: Stocks
www.barrons.com 
