"Opening a 30-day Upside Catalyst Watch. Consensus estimates have risen, but we continue to see ample upside from strong NA pricing. Another beat/raise should move the stock higher off the current ~5.8x consensus P/E and with GM having underperformed Ford YTD." Citi downgrades JPMorgan to neutral from buy Citi downgraded the stock mainly on valuation. " JPM has been a top performer YTD as the market shifted towards higher quality names following the regional bank turmoil in March/April and at current levels of ~2x TBV and ~10.5x 2024 EPS, we believe the premium valuation has returned and we move to the sidelines." Atlantic Equities downgrades Coinbase to neutral from outperform Atlantic Equities downgraded the stock mainly on valuation. "Our 2Q23 net revenue for Coinbase falls on incremental headwinds to interest income.