Morgan Stanley Maintains Overweight on American Express, Lowers Price Target to $175
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 $185 to $175.
October 23, 2023 | 1:25 pm
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Morgan Stanley has maintained an Overweight rating on American Express but lowered the price target from $185 to $175.
The news is directly about 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, potentially impacting the stock's short-term performance.
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