RBC Capital Upgrades American Express to Outperform, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has upgraded American Express (NYSE:AXP) from Sector Perform to Outperform and raised the price target from $197 to $200.
September 05, 2023 | 9:49 am
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American Express has been upgraded to Outperform by RBC Capital, with a raised price target of $200.
The upgrade from RBC Capital is a positive signal for American Express. It indicates that the analyst believes the company will outperform the market, which could lead to an increase in the stock price. The raised price target also suggests that the analyst sees potential for growth in the company's stock price.
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