Wells Fargo Maintains Overweight on American Express, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Donald Fandetti has maintained an Overweight rating on American Express (NYSE:AXP) and raised the price target from $285 to $300.
September 30, 2024 | 3:12 pm
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Wells Fargo has reaffirmed its Overweight rating on American Express and increased the price target to $300, indicating confidence in the company's future performance.
The increase in price target from $285 to $300 by Wells Fargo suggests a positive outlook for American Express, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100