- JP Morgan decline - leibovitz, 14.02.2002, 09:25
JP Morgan decline
Good morning
JPM is down ysty on rumors that Moody,s is considering downgrading the
debt ratings of the Co.
JPM is rated Aa3 with a stable outlook at Moody,s and AA- with a
negative outlook at S+P. The bank subsidiary
is rated one step higher at both agencies (Aa2/AA).
For comparison purposes, GS, LEH and BSC (Bear Sterns) are rated
single-A while MWD, MER and C are each double-A.
Our rating still as a BUY 02-$3.05 03-$3.45 PT $46.-- MktCap $62M.
More details available
Thank you and kind regards
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