Meredith Whitney Upgrades JPM to ‘Buy’

Meredith Whitney has upgraded JPMorgan (JPM) to a ‘Buy”. This is her first upgrade of a big bank since the 2009 upgrade of Goldman Sachs (GS). Whitney told CNBC’s BoB Pisani that despite the fact that nothing is really great at JPM, there is an abundance evidence that earnings have stabilized.

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