Fly News Breaks for March 12, 2015
AXP
Mar 12, 2015 | 08:18 EDT
Oppenheimer views American Express as the standout winner of the Fed's CCAR process. The firm notes that the company not only had the highest payout versus consensus 2015 earnings expectations of any company in the process, but may conduct a preferred issuance. Oppenheimer keeps a Perform rating on the stock.
News For AXP From the Last 2 Days
AXP
Apr 24, 2024 | 06:31 EDT
Wells Fargo raised the firm's price target on American Express to $265 from $250 and keeps an Overweight rating on the shares. The firm sees a good case for management to express greater confidence in or lean to the upper end of the EPS or revenue guide for 2024. With the macro haze fading, Wells believes investors will come away with a greater appreciation of the competitive position and moat.