BMO Capital Maintains Underperform on American Express, Raises Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham has maintained an Underperform rating on American Express (NYSE:AXP) while raising the price target from $157 to $159.
January 29, 2024 | 2:32 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Despite the increase in price target from $157 to $159, American Express maintains an Underperform rating by BMO Capital.
The increase in price target suggests a slightly more positive outlook on the value of American Express shares, yet the Underperform rating indicates that BMO Capital still believes the stock will not perform as well as the broader market. This mixed signal could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100