BTIG analyst Vincent Caintic lowered the firm’s price target on American Express (AXP) to $285 from $328 and keeps a Sell rating on the shares. Amex’s premium base is being eroded by competition and by relative weakness in the super-prime consumer, particularly for younger white collar workers, the analyst tells investors in a research note. BTIG adds it is disappointed that Amex’s 2026 y/y revenue growth rate is unchanged from 2025 despite having launched the biggest refresh of Amex’s flagship product.
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