With the election around the corner, JPMorgan has updated its top ideas list that target growth, income, value and short-selling strategies.
Yet, JPMorgan thinks that trajectory can keep going, as it has an overweight rating on the stock with a $300 price target.
JPMorgan's overweight rating and target of $1,100 on the name also implies more than 34% upside from here.
JPMorgan also highlighted the newly added Regency Centers as one of its growth strategies for the new trading month.
Shares have jumped more than 7% this year, and JPMorgan's target implies almost 8% upside from Friday's close, on par with its average target of $77.12.
Persons:
JPMorgan's, Carvana, Eli Lilly, David Ricks
Organizations:
JPMorgan, Nasdaq, Dow Jones Industrial, Regency Centers, Caterpillar
Locations:
Carvana