AmEx profit beats as higher spending blunts partnership losses
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
American Express (AXP) PT Raised to $83 at Piper Jaffray
April 20, 2017 9:21 AM EDTPiper Jaffray raised its price target on American Express (NYSE: AXP) to $83.00 (from $82.00) while maintaining a Neutral rating. AXP reported 1Q EPS of $1.34, ahead of consensus of $1.28. Adjusted revenue growth accelerated to 7% in the 1Q vs. 6% in the 4Q driven by an acceleration in... More
Jefferies Remains Sidelined on American Express (AXP) Following 1Q Report
April 20, 2017 8:41 AM EDTJefferies reiterated a Hold rating and $75.00 price target on American Express (NYSE: AXP) following the company's 1Q earnings report. AXP reported 1Q17 EPS of $1.34 beating the Street's $1.28 estimate. Total non-interest revenues of $6.4B beat $6.3B forecasts along with net interest income of... More