JPMorgan has updated its list of top picks for August. Most of | 🚀 Robin Rocket

JPMorgan has updated its list of top picks for August. Most of the outstanding shares are rated Buy, and three of them have short-term catalysts for growth.

Top ideas for August, according to JPMorgan:

Cenovus $CVE, an oil and gas company, released better-than-expected 2Q2021 financial results. Analysts note the high potential for generating free cash flow, which will significantly reduce the debt burden.
JPMorgan price target - $15, upside potential +50%

Fortive $FTV is an industrial technology conglomerate. Along with Cenovus, analysts highlight the prospect of free cash flow generation.
Target price from JPMorgan - $90, upside potential +21%

U.S. Bank $USB - The company's revenue is more tied to commission income from debit and credit card transactions than other banks. Along with an increase in consumer spending, U.S Bank's revenue is expected to flow.
Target price from Morgan Stanley - $62, upside potential +9%

State Street $STT - Investment bank will maintain high fee and commission income amid low Fed rate. The high activity and liquidity of the financial markets will have a positive effect on the bank's profits.
Target price from Morgan Stanley - $117, upside potential +27%

Dell Technologies $DELL is one of the largest manufacturers of computers and components for them.
Target price - $118, upside potential +20%

Alaska Air Group $ALK is an air carrier focused on the domestic market.
Target price from Raymond James - $78, upside potential +37%

Target $TGT is a chain of retail stores that is the sixth largest retailer in the United States.
Target price from Keybanc - $280, upside potential +7%

Danaher $DHR is a company that develops, manufactures and markets medical, industrial and commercial products and services.
Target price from Barclays - $335, upside potential +9%

Walt Disney $DIS is one of the largest media conglomerates in the entertainment industry in the world.
Target price from JPMorgan - $220, upside potential +25%

Raytheon Technologies $RTX is one of the world's largest providers of aerospace, intelligence and defense services.
Target price from Argus Research - $100, upside potential +15%

Not an investment recommendation.