Corporate Leaders Speak Out on Trump's Policies After Fatal Shooting
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
- Delayed Corporate Response: Following the fatal shooting incident involving immigration enforcement in Minneapolis, corporate leaders have begun to break their silence, yet they remain cautious due to fears of retribution from the White House and backlash from the public, highlighting the significant influence of the Trump administration over the business community.
- Collective Action: After the killing of nurse Alex Pretti by federal agents, several executives from Minnesota-based companies co-signed a letter calling for immediate de-escalation, but they refrained from mentioning the victim or Trump, reflecting their concerns about direct criticism.
- Divided Public Opinion: According to a survey, 40% of Americans believe CEOs who criticize Trump are acting responsibly, but only 28% think they should publicly oppose the president's policies, illustrating the dilemma companies face in navigating political stances.
- Corporate Responsibility: Despite potential retaliation from the Trump administration, local religious leaders have urged companies to take a stronger stance, asserting that businesses have a responsibility to protect their communities, especially amid rising violence linked to immigration enforcement.
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Analyst Views on JPM
Wall Street analysts forecast JPM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JPM is 341.38 USD with a low forecast of 260.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
11 Buy
7 Hold
1 Sell
Moderate Buy
Current: 300.770
Low
260.00
Averages
341.38
High
400.00
Current: 300.770
Low
260.00
Averages
341.38
High
400.00
About JPM
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. The Company operates through three segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM). Its CCB segment offers products and services to consumers and small businesses through bank branches, ATMs, digital and telephone banking. Its CIB segment consists of banking and payments and markets and securities services, and offers a suite of investment banking, lending, payments, market-making, financing, custody and securities products and services to a global base of corporate and institutional clients. AWM segment offers investment and wealth management solutions. It offers multi-asset investment management solutions, retirement products and services, brokerage, custody, estate planning, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Corporate Leaders Begin to Publicly Oppose Trump's Policies Amid ICE Violence
- Delayed Corporate Response: Following the violent incidents involving ICE in Minnesota, corporate leaders have begun to break their silence, revealing their fears and concerns about the government's actions during Trump's administration, which had previously gone unchallenged.
- Collective Action: After the killing of ICU nurse Alex Pretti by federal agents, dozens of executives from Minnesota-based companies co-signed a letter calling for immediate de-escalation, although they refrained from mentioning the victim or Trump, indicating their cautious approach to direct confrontation.
- Political Climate Impact: A survey revealed that 56% of corporate leaders feel it has become significantly more challenging to speak out on social and political issues, with many companies remaining silent due to fears of retaliation from the Trump administration, highlighting the sensitivity of the business community to the political environment.
- Public Opinion Divided: Polls indicate that while 40% of Americans believe CEOs criticizing Trump are acting responsibly, only 28% think they should publicly oppose the president's policies, reflecting a clear divide in public sentiment regarding corporate involvement in politics.
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