Wells Fargo has predicted in its latest report that J.P. Morgan Chase, which has benefited from many favorable factors, is expected to become the world's first bank with a market capitalization of 1 trillion US dollars. Wells Fargo gave J.P. Morgan Chase an “overweight” rating and raised its target price for the stock from $375 to $390.

Wells Fargo has predicted in its latest report that J.P. Morgan Chase, which has benefited from many favorable factors, is expected to become the world's first bank with a market capitalization of 1 trillion US dollars. Wells Fargo gave J.P. Morgan Chase an “overweight” rating and raised its target price for the stock from $375 to $390.