Morgan Stanley Reiterates Overweight on American Express, Maintains $188 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has reiterated an Overweight rating on American Express (NYSE:AXP) and maintained a price target of $188.
July 24, 2023 | 1:04 pm
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Morgan Stanley has reiterated an Overweight rating on American Express and maintained a price target of $188.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for American Express. The maintained price target of $188 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100