AmEx raises 2016 profit forecast; shares up 5.8 percent
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BMO Capital Raises Price Target on American Express (AXP) to $75; Reiterates Market Perform
October 20, 2016 9:45 AM EDTBMO Capital reiterated a Market Perform rating on American Express (NYSE: AXP), and raised the price target to $75.00 (from $73.00), following the company's 3Q earnings report. AXPs 3Q16 core EPS of $1.24 beat consensus of $0.97 by 28%. The beat was top-linedriven.
Analyst James Fotheringham... More
Jefferies Remains Sidelined on American Express (AXP) Following 3Q
October 20, 2016 7:31 AM EDTJefferies maintained a Hold rating and $60.00 price target on American Express (NYSE: AXP) following the company's 3Q earnings report. Fee revenue helped to push EPS to $1.20, ahead of $0.96 estimates. Total non-interest revenues of $6.4B beat our $6.2B estimate primarily driven by better than... More
