AmEx profit beats as higher spending blunts partnership losses
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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
