American Express upgraded at Morgan Stanley As previously reported, Morgan Stanley upgraded American Express to Overweight from Equal Weight. The firm believes the OptBlue small merchant program will make it easier for merchants to accept Amex cards which will significantly increase acceptance and result in increased wallet share. The analyst expects increased share will result in 14% EPS CAGR through 2016. Price target raised to $100 from $90.
News For AXP From The Last 14 Days
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