American Express profit beats estimates as consumers shrug off slowdown fears

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Wells Fargo Reiterates Outperform Rating on American Express (AXP) Following 3Q Report

October 21, 2019 7:06 AM EDT

Wells Fargo analyst Donald Fandetti reiterated an Outperform rating and $140.00 price target on American Express (NYSE: AXP) following the company's 3Q report. AXP reported EPS of $2.08, higher than the consensus of $2.03. Revenues of $10.989B were higher than $10.943B estimates as NII and other... More