Morgan Stanley Maintains Equal-Weight on American Express, Raises Price Target to $248
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Equal-Weight rating on American Express (NYSE:AXP) while raising the price target from $226 to $248.
October 14, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on American Express and increased the price target from $226 to $248, indicating a positive outlook.
The increase in price target from $226 to $248 by Morgan Stanley 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 shows confidence in potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100