Monness Crespi raised the firm’s price target on American Express (AXP) to $355 from $330 and keeps a Buy rating on the shares. The company reported Q4 mostly inline with consensus and its 2025 guide is “prudently set up,” the analyst tells investors in a research note. The firm believes American Express can “beat and raise” over the balance of the year. Moreover, the company’s bias towards international driven growth “bodes well,” contends Monness.
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Read More on AXP:
- American Express price target raised to $272 from $270 at BTIG
- American Express price target raised to $360 from $350 at Keefe Bruyette
- American Express price target raised to $310 from $305 at Morgan Stanley
- American Express price target raised to $355 from $340 at Wells Fargo
- American Express price target raised to $326 from $316 at BofA
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