Citigroup Initiates Coverage On American Express with Neutral Rating, Announces Price Target of $250
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz has initiated coverage on American Express (NYSE:AXP) with a Neutral rating and a price target of $250.
June 10, 2024 | 3:12 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on American Express with a Neutral rating and set a price target of $250.
The Neutral rating suggests that Citigroup does not expect significant short-term movement in AXP's stock price. The price target of $250 indicates a valuation that is close to the current market price, reinforcing the neutral stance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100