American Express (AXP) PT Raised to $141 at Nomura/Instinet

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Stephens Reiterates Overweight Rating on American Express (AXP)

January 15, 2020 6:45 AM EST

Stephens analyst Vincent Caintic reiterated an Overweight rating and $136.00 price target on American Express (NYSE: AXP). Caintic is encouraged by Delta commentary that Delta's earnings contribution from American Express grew 20% y/y in 2019.

DAL expects contributions to reach $4.4 bil. in 2020 and grow to ~... More