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Fly News Breaks for April 20, 2017
AXP
Apr 20, 2017 | 06:42 EDT
In a research note titled "Becoming Great Again," JPMorgan analyst Richard Shane raised his price target for American Express shares to $94 from $90 following the company's Q1 results. The analyst expects a positive reaction when the market opens. The earnings beat was driven by strong top-line growth while American Express' loan growth continues ahead of the industry, Shane tells investors in a post-earnings research note. He keeps an Overweight 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.
