** J.P. Morgan upgrades private market platform Forge Global FRGE.N to "neutral" from "underweight" rating, citing solid performance in Q1
** Brokerage says FRGE's Q1 revenue represents strongest quarter since 2021
** JPM expects co's Q2 to be less robust due to ongoing macro uncertainty, as FRGE's business is highly sensitive to transaction volumes on its platform
** Brokerage says FRGE is making steady progress against strategic initiatives and continues to broaden business with more partnerships and prospective acquisition of specialized asset management firm Accuidity
** As of last close, stock up ~27.4% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。