American Express Analysts Break Down Credit Trends, Future Revenue Surge
Portfolio Pulse from Anusuya Lahiri
Goldman Sachs and RBC Capital Markets analysts have provided updates on American Express (NYSE: AXP), maintaining positive ratings and slightly adjusting price targets. Despite mixed Q2 results, analysts are optimistic about long-term revenue growth and credit performance.
July 22, 2024 | 4:47 pm
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Goldman Sachs and RBC Capital Markets analysts maintain positive ratings on American Express, with slight price target increases. Despite mixed Q2 results, analysts are optimistic about long-term revenue growth and credit performance.
Both analysts have maintained positive ratings and slightly increased their price targets for AXP. Despite mixed Q2 results, the outlook for long-term revenue growth and credit performance remains strong, which should positively impact the stock price in the short term.
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