Oppenheimer Maintains Outperform on American Express, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Dominick Gabriele has maintained an 'Outperform' rating on American Express (NYSE:AXP) but lowered the price target from $190 to $175.

October 11, 2023 | 3:02 pm
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American Express's price target has been lowered from $190 to $175 by Oppenheimer, though the 'Outperform' rating is maintained.
The lowering of the price target by Oppenheimer could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100