Baird Downgrades American Express to Neutral, Announces $185 Price Target
Portfolio Pulse from richadhand@benzinga.com
Baird analyst David George has downgraded American Express (NYSE:AXP) from Outperform to Neutral and set a price target of $185.
July 06, 2023 | 9:27 am
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American Express has been downgraded from Outperform to Neutral by Baird, with a price target of $185.
The downgrade from Outperform to Neutral by Baird indicates a less optimistic outlook for American Express. This could potentially lead to a short-term decrease in the stock price. The price target of $185 provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100