JP Morgan Upgrades Michelin to Overweight, Boosts PT

08:37 AM EDT, 08/20/2026 (MT Newswires) -- JP Morgan on Wednesday upgraded tire maker Michelin (ML.PA) to overweight from neutral and raised the price target to 42.00 euros from 35.00 euros. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)