JPMorgan Chase Modifies Advertising Claims for Sapphire Reserve Cards Following NAD Review
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 4 day ago
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Source: Globenewswire
- Advertising Claims Adjustment: Following a challenge from Capital One, the NAD found that certain claims regarding JPMorgan Chase's CSR credit cards lacked specific product feature support and need modification or discontinuation, ensuring advertising truthfulness and consumer trust.
- Annual Value Support: The NAD confirmed that the claim of “over $2,500 in annual value” for the CSR Business card is supported, but the assertion of “no competition” was deemed exaggerated relative to competitors, recommending its discontinuation to avoid misleading consumers.
- Reward Points Transparency: The NAD emphasized that JPMorgan Chase must disclose the basis for its “most rewarding” claims, highlighting the importance of transparency so consumers can better understand the rewards and benefits offered.
- Self-Regulation Commitment: JPMorgan Chase stated it will comply with the NAD's decision, reflecting the company's commitment to advertising compliance and aiming to enhance consumer trust while maintaining fair market competition.
JPM.N$0.0000%Past 6 months

No Data
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 344.31 USD with a low forecast of 305.00 USD and a high forecast of 370.00 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.
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 344.31 USD with a low forecast of 305.00 USD and a high forecast of 370.00 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.
Current: 316.100

Current: 316.100

Overweight
maintain
$345 -> $350
Reason
Wells Fargo raised the firm's price target on JPMorgan to $350 from $345 and keeps an Overweight rating on the shares. The firm notes JPMorgan is a best-in-class global bank based on returns, market share gains, and ability to invest for organic growth. The stock is undervalued based on price-to-book for FINs stocks, Wells adds.
NULL -> Overweight
maintain
$330 -> $342
Reason
Barclays raised the firm's price target on JPMorgan to $342 from $330 and keeps an Overweight rating on the shares. The company reported a Q3 earnings beat but its momentum into 2026 comes with higher expenses, the analyst tells investors in a research note.
Equal Weight
maintain
$336 -> $338
Reason
Morgan Stanley raised the firm's price target on JPMorgan to $338 from $336 and keeps an Equal Weight rating on the shares. While JPMorgan EPS beat consensus by 5%, 75% of this beat came from the corporate segment, which generates lumpier returns than other segments and commands a lower multiple, notes the analyst, who points out that the beat falls to only 1% when backing out the corporate segment.
maintain
$350 -> $366
Reason
Goldman Sachs raised the firm's price target on JPMorgan to $366 from $350 and keeps a Buy rating on the shares after its Q3 earnings beat and ROTCE of 20.5%, 3.5 points above its medium term target of 17%. JPMorgan management also increased the 2025 net interest income ex-Markets guide to $92.2B, vs. about $92B previously on stronger than expected balance sheet growth and the updated forward curve, the analyst tells investors in a research note. The guidance appears achievable given the improving loan growth backdrop and markets' liability sensitivity in spite of the pressure on net interest margins, the firm added.
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.