JPMorgan Chase & Co. may be the best bank in its class, but its stock price is too expensive and it’s a good time to take profits, Baird analyst David A. George said in a research note. “Sell your JPM — more than fully priced here,” George said ...

David George, an analyst at Baird, says that given recent gains in the stock price, the balance between risks and potential rewards is “unattractive.”

It is time for investors to "sell [their] JPMorgan Chase (NYSE:JPM)" shares, analysts at Baird have argued in a note downgrading their rating of the investment banking giant. In October, the largest US lender by assets posted

Baird downgraded JPMorgan Chase (JPM) to Underperform due to limited upside potential at the stock's current valuation and its over-earning on provision and NIM.