Street View: JPMorgan is built for all weathers

JPMorgan Chase JPM.N topped first-quarter profit estimates on record equities trading and higher fees from debt underwriting and advising on mergers, but was wary about possible global recession this year

Median PT of 24 brokerages is $259, with average rating of "buy" - LSEG data

"NOT OK, BUT JPM'S GOING TO BE ALRIGHT"

Citigroup ("neutral," PT: $250) says "with a very strong capital position, JPM remains one of the best placed amid an uncertain macro environment"

Morningstar (fair value: $195) says JPM has fortress balance sheet and should hold up much better in worst-case scenario
However, brokerage says recent levels of super-high profitability are unlikely to be maintained long term

Evercore ISI ("outperform," PT: $259) says "earnings power, capital, liquidity and reserves should be a source of stability to help clients and investors see their way through a choppy next couple of months"

Oppenheimer ("perform") views JPM as "quality core holding," even as it notes there are many other moving parts and wide range of potential outcomes given uncertain state of global trade