JPMorgan Swats Out of American Express (AXP); Upgrades Discover (DFS) to 'Overweight'
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Price: $331.15 -2.57%
Rating Summary:
23 Buy, 23 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
23 Buy, 23 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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This morning, JPMorgan downgrades American Express (NYSE: AXP) from Overweight to Neutral, but upgraded Discover Financial (NYSE: DFS) from Neutral to Overweight.
JPM maintained a $55 price target on AXP, but raised its target on DFS from $27 to $32.
Shares of Discover are trading at $26.91, up $0.40 (+1.49%). AXP is also up $0.43 (+0.86%) to $50.19.
JPM maintained a $55 price target on AXP, but raised its target on DFS from $27 to $32.
Shares of Discover are trading at $26.91, up $0.40 (+1.49%). AXP is also up $0.43 (+0.86%) to $50.19.
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