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Fly News Breaks for April 22, 2016
AXP
Apr 22, 2016 | 05:54 EDT
Deutsche Bank analyst David Ho downgraded last night American Express to Hold from Buy saying that while the company's Q1 results showed improvement, rising expectations limits upside to the stock. The analyst prefers to wait for a better entry point and keeps a $66 price target for the shares.
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.
