F is trading at $13.72 (+3.4%) following a price target increase by JP Morgan and amid broader market strength.

  • JP Morgan raised its price target to $15 (from $14) while maintaining an Overweight rating.
  • The move is part of a string of positive analyst upgrades this month, including actions from UBS and HSBC.
  • Broader market sentiment is boosted by positive Supreme Court signals regarding Fed independence.