TD Cowen Initiates Coverage On American Express with Market Perform Rating, Announces Price Target of $158
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Moshe Orenbuch has initiated coverage on American Express (NYSE:AXP) with a Market Perform rating and a price target of $158.
November 01, 2023 | 5:56 pm
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American Express has been initiated with a Market Perform rating by TD Cowen, with a price target of $158.
The initiation of coverage by TD Cowen with a Market Perform rating suggests that the analyst believes American Express' stock will perform in line with the market. The price target of $158 indicates where the analyst believes the stock price will move in the future. This news could influence investor sentiment and potentially impact the stock's price, but it's not guaranteed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100