HSBC Initiates Coverage On American Express with Buy Rating, Announces Price Target of $181
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has initiated coverage on American Express (NYSE:AXP) with a Buy rating and a price target of $181.
October 13, 2023 | 10:36 am
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HSBC has initiated coverage on American Express with a Buy rating and a price target of $181, which could positively impact the company's stock.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, HSBC's Buy rating and high price target for American Express suggest a positive outlook for the company, which could lead to an increase in its stock price.
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