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Fly News Breaks for March 6, 2017
AXP
Mar 6, 2017 | 07:52 EDT
Oppenheimer analyst Ben Chittenden continues to recommend shares of American Express ahead of its Investor Day on March 8. The analyst thinks that most of the headwinds are embedded in the valuation at current levels, and the cyclical benefit to billed business from a potential turn in T&E is not. He reiterates an Outperform rating and $97 price target on the shares.
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