Morgan Stanley Maintains Overweight on American Express, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has maintained an Overweight rating on American Express (NYSE:AXP) but lowered the price target from $188 to $185.
October 03, 2023 | 1:46 pm
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Morgan Stanley has maintained an Overweight rating on American Express but lowered the price target from $188 to $185.
The news is directly related to American Express (AXP). While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target might create some uncertainty among investors. However, the change is relatively small, so the overall impact is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100