jpmorgan

Credit to Author: Zachary Shahan| Date: Wed, 16 Oct 2019 02:30:13 +0000

According to a report in The Guardian, the top banker for fossil fuel companies is JPMorgan Chase. In fact, in the past few years it has provided $22.8 billion more in financing than #2 Citi for oil, gas, and coal companies — $75.6 billion versus $53.8 billion. As one Tesla fan noted, JP Morgan’s Tesla analyst, Ryan Brinkman, has a very low price target in place for Tesla [TSLA] and an “underweight” rating