JP Morgan Maintains Neutral on American Express, Lowers Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains a Neutral rating on American Express (NYSE:AXP) and lowers the price target from $192 to $167.
October 17, 2023 | 3:40 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on American Express and lowered the price target from $192 to $167.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on American Express's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100