TD Cowen Maintains Hold on American Express, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Moshe Orenbuch has maintained a Hold rating on American Express (AXP) and increased the price target from $221 to $225.

April 22, 2024 | 5:27 pm
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American Express's Hold rating is maintained by TD Cowen, with a price target increase to $225.
The adjustment in price target by TD Cowen reflects a positive outlook on American Express's valuation, albeit the Hold rating suggests a cautious stance on the stock's immediate growth prospects. This could lead to a neutral short-term impact on the stock price as the market digests the implications of the revised target against the backdrop of a maintained Hold rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100