Buckingham Upgrades AmEx (AXP) to Accumulate, $46 Target

September 25, 2009 8:39 AM EDT

Buckingham Research upgrades American Express (NYSE: AXP) from Neutral to Accumulate with a $46 price target.

The upgrade follows news yesterday that AmEx will restore some compensation cuts that were imposed 7 months ago.

Visit our Analyst Ratings page to see all the analyst upgrades/downgrades in real-time.

American Express Company, a payments and travel company, provides charge and credit payment card products, and travel-related services worldwide.


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