Barclays Maintains Overweight on American Express, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mark Devries has maintained an Overweight rating on American Express (NYSE:AXP) and increased the price target from $216 to $220.
January 29, 2024 | 11:17 am
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Barclays has reaffirmed its Overweight rating on American Express and raised the price target from $216 to $220, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive assessment of American Express's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100