American Express (AXP) Posts Solid Growth Ex-Costco - Bernstein

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Deutsche Bank Downgrades American Express (AXP) to Hold

April 21, 2016 4:58 PM EDT

Deutsche Bank downgraded American Express (NYSE: AXP) from Buy to Hold with a price target of $66. Analyst David Ho said he would prefer a better entry point.

"While 1Q16 results showed improvement in key metrics, rising expectations limits upside to the... More

Piper Jaffray Raises Price Target on American Express (AXP) Following Solid 1Q Earnings

April 21, 2016 9:11 AM EDT

Piper Jaffray reiterated a Neutral rating on American Express (NYSE: AXP), and raised the price target to $71.00 (from $66.00), following the company's 1Q earnings report. EPS declined 2% to $1.45 beating consensus of $1.33. The JetBlue portfolio sale added $0.08 to EPS. AXP continues to expect 16 EPS between $5.40-$5.70 and at least $5.60 in 17.... More

Jefferies Raises Price Target on American Express (AXP) Following 1Q EPS Beat

April 21, 2016 8:46 AM EDT

Jefferies reiterated a Hold rating on American Express (NYSE: AXP), and raised the price target to $60.00 (from $58.00), following the company's 1Q earnings report. AXP reported EPS of $1.45, coming in ahead of consensus' $1.35 estimate. Management affirmed its 2016 and 2017 guidance expectations of $4.83 and $5.58.

Analyst John... More

American Express (AXP) PT Raised to $62 at Nomura But Sees Lack of Clarity for 2017

April 21, 2016 8:18 AM EDT

Nomura Securities analyst Bill Carcache reiterated a Neutral rating and raised his price target on American Express (NYSE: AXP) to $62.00 (from $55.00). The firm sees a lack of clarity on 2017.

Carcache commented, "AXP reported 1Q16 GAAP EPS of $1.45. Excluding $0.05 of restructuring charges, we estimate... More

Compass Point Raises Price Target on American Express (AXP) to $74 Following 1Q Report

April 21, 2016 7:07 AM EDT

Compass Point reiterated a Buy rating on American Express (NYSE: AXP), and raised the price target to $74.00 (from $69.00), following the company's 1Q report. Revenue was in line at $8.1bn. EPS was reported at $1.45, above Consensus estimates of $1.35.

Analyst John Williams commented, "We are... More

American Express (AXP) Tops Q1 EPS by 10c

April 20, 2016 4:09 PM EDT

American Express (NYSE: AXP) reported Q1 EPS of $1.45, $0.10 better than the analyst estimate of $1.35. Revenue for the quarter came in at $8.1 billion versus the consensus estimate of $7.99 billion.

Consolidated provisions for losses were $434 million, up 3 percent from $420 million a year ago. The current... More