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Fly News Breaks for March 26, 2015
AXP
Mar 26, 2015 | 07:30 EDT
Deutsche Bank believes American Express's (AXP) analyst day yesterday reduced uncertainty on Q1 earnings and the company's outlook for 2015/2016. Deutsche says it left the meeting more confident in AXP's ability to mitigate the lost earnings from the Costco (COST) partnership. It reiterates a Buy rating on the stock with a $90 price target.
News For AXP From the Last 2 Days
AXP
Apr 24, 2024 | 08:36 EDT
AXP
Apr 24, 2024 | 06:31 EDT
Wells Fargo raised the firm's price target on American Express to $265 from $250 and keeps an Overweight rating on the shares. The firm sees a good case for management to express greater confidence in or lean to the upper end of the EPS or revenue guide for 2024. With the macro haze fading, Wells believes investors will come away with a greater appreciation of the competitive position and moat.
