Information Provided By:
Fly News Breaks for March 24, 2017
AXP
Mar 24, 2017 | 09:40 EDT
Tigress Financial analyst Ivan Feinseth initiated American Express with a Neutral saying business performance remains weak due to increasing competition and the loss of its largest customer and views shares as fairly valued.
News For AXP From the Last 2 Days
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.