AmEx surpasses profit estimate; focus turns to small-business strategy

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American Express (AXP) PT Raised to $253 at RBC Capital

April 22, 2024 6:23 AM EDT

RBC Capital analyst Jon Arfstrom raised the price target on American Express (NYSE: AXP) to $253.00 (from $250.00) while maintaining a Outperform rating.

The analyst comments "We are recapping 1Q results. This was a good quarter with revenues that met expectations, controlled core expenses, and... More

American Express (AXP) PT Raised to $260 at Deutsche Bank

April 22, 2024 4:56 AM EDT

Deutsche Bank analyst Mark DeVries raised the price target on American Express (NYSE: AXP) to $260.00 (from $240.00) while maintaining a Buy rating.

The analyst comments "AXP reported a 1Q24 headline beat driven by lower-than-expected opex and provision, with revenues in-line with consensus, though at the high end of the 9%- 11% guidance range.... More