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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100