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Fly News Breaks for May 26, 2016
AXP
May 26, 2016 | 07:29 EDT
Bernstein says that American Express has "clear opportunities:" operating leverage and expense cuts, growth in its Global Network Services business, and excess capital deployment over time. The firm says that , over the long-term, these opportunities should more than offset the company's threats. RBC believes that the stock could rise significantly over the long-term, and it keeps an Outperform rating on 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.
