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Fly News Breaks for June 18, 2019
AXP
Jun 18, 2019 | 08:26 EDT
Jefferies analyst John Hecht raised his price target for American Express to $130 from $105 after hosting investor meetings with management. The company's seals growth is "multifaceted" and management is targeting a sustainable rather than short-term strategy, Hecht tells investors in a research note. He views American Express' growth prospects as "strong" but keeps a Hold rating on the name.
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.