Baird Maintains Underperform on American Express, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David George maintains an Underperform rating on American Express (AXP) and raises the price target from $190 to $205.
May 01, 2024 | 11:02 am
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Baird analyst David George maintains an Underperform rating on American Express but raises the price target from $190 to $205.
While the increase in price target from $190 to $205 suggests a positive outlook on the stock's value, the Underperform rating indicates a belief that the stock will not perform as well as the broader market. This mixed signal could lead to neutral short-term price movement as investors weigh the higher price target against the bearish rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100