Barclays Maintains Equal-Weight on American Express, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Terry Ma maintains an Equal-Weight rating on American Express (NYSE:AXP) and raises the price target from $223 to $250.
October 08, 2024 | 5:01 pm
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Barclays analyst Terry Ma has maintained an Equal-Weight rating on American Express and increased the price target from $223 to $250, indicating a positive outlook.
The increase in the price target from $223 to $250 by Barclays suggests a positive outlook for American Express, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a bullish signal.
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IMPORTANCE 80
RELEVANCE 100