Deutsche Bank Maintains Buy on American Express, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Mark Devries maintains a Buy rating on American Express (AXP) and raises the price target from $240 to $260.
April 22, 2024 | 3:41 pm
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POSITIVE IMPACT
Deutsche Bank maintains a Buy rating on American Express and raises the price target to $260.
The upgrade in price target by a reputable analyst like Mark Devries from Deutsche Bank is a strong positive signal for American Express. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100