Stephens & Co. Reiterates Underweight on American Express, Maintains $146 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Vincent Caintic has reiterated an Underweight rating on American Express (NYSE:AXP) and maintained a price target of $146.
July 18, 2023 | 12:31 pm
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NEGATIVE IMPACT
American Express has been reiterated as Underweight by Stephens & Co. with a maintained price target of $146.
The Underweight rating from Stephens & Co. suggests that they believe American Express is expected to underperform the market or its sector in the short term. This could potentially lead to a decrease in the stock's price. The maintained price target of $146 indicates that the analyst believes this is the fair value of the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100