JPMorgan added PTC Therapeutics to its record of favourite shares as the brand new month will get below means. Each month, the financial institution refreshes its analyst focus record, which incorporates the highest concepts from JPMorgan analysts aligned with progress, earnings, worth and brief funding methods. The financial institution’s modifications come after shares notched a stable efficiency in August , which is a traditionally weak month for the key benchmarks. Lifting traders’ spirits heading into September is optimism that the Federal Reserve will lastly start to chop charges at its assembly this month. The CME FedWatch instrument reveals the market has now priced in an almost 90% probability of this taking place. Additions up to now 4 weeks to JPMorgan’s focus record included ACV Auctions , Cellebrite , McCormick , PTC Therapeutics and Armstrong World Industries . Alternatively, the financial institution eliminated Roivant , BellRing Manufacturers , Edgewise Therapeutics and Carlisle from its basket. Biopharma inventory PTC Therapeutics has surged 16% this 12 months. JPMorgan’s $68 worth goal is about 38% increased than the place shares closed on Friday. In Might, Financial institution of America upgraded the inventory to a purchase score from impartial, citing the launch of the corporate’s new program targeted on phenylketonuria, or PKU, a uncommon metabolic illness. This program may result in round $788 million in peak risk-adjusted gross sales, wrote analyst Tazeem Ahmad. To accompany the improve, Financial institution of America raised its worth goal to $68 per share from $55. Manufacturing inventory Armstrong World Industries was one other identify on JPMorgan’s record. Shares have soared 37% in 2025 however may rise one other 7% to the financial institution’s $210 worth goal. JPMorgan initiated the inventory at an chubby score in June. “Armstrong represents a uncommon mixture of operational stability and embedded innovation,” wrote analyst Tomohiko Sano. “From thermal ceiling applied sciences like TEMPLOK to AI-enabled design assist through ProjectWorks, AWI is increasing worth throughout segments, driving each high line and profitability by means of shared platforms. This redefinition elevates AWI from a constructing supplies producer to a solutions-oriented, constructing efficiency firm.” Sano additionally applauded the corporate’s sturdy margin stability, even by means of end-market volatility, in addition to its potential for a number of enlargement and margin enhancements. Two different additions to JPMorgan’s focus record included meals producer McCormick and auto public sale platform ACV Auctions.