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JPMorgan Cuts Elbit Systems Price Target to $885 From $950

JPMorgan Chase logoJPMorgan Chase
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Elbit Systems logoElbit Systems
Sig1.20Sen-1.30Env0.00Soc0.00Gov0.00

JPMorgan Chase cut its Elbit Systems price target to $885 from $950 while maintaining a neutral rating, aligning with a broader consensus of Hold calls. Shares fell 5.2% even after the company posted $4.14 EPS, topping the $3.69 estimate. Institutional investors hold 17.88%, and Orser Capital bought a $2.2M stake.

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