Goldman Sachs Maintains Buy on American Express, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash has maintained a Buy rating on American Express (NYSE:AXP) and increased the price target from $270 to $300.
October 07, 2024 | 2:01 pm
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Goldman Sachs has reaffirmed its Buy 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 $270 to $300 by a reputable firm like Goldman Sachs 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