RBC Capital Maintains Outperform on American Express, Raises Price Target to $263
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains an Outperform rating on American Express (AXP) and raises the price target from $253 to $263.
May 01, 2024 | 4:58 pm
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POSITIVE IMPACT
RBC Capital has maintained its Outperform rating on American Express and increased the price target from $253 to $263.
The increase in price target by RBC Capital suggests a positive outlook on American Express's future performance. This endorsement from a reputable analyst could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100