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American Express price target lowered to $322 from $323 at Barclays

Barclays lowered the firm’s price target on American Express (AXP) to $322 from $323 and keeps an Equal Weight rating on the shares post the Q1 report. The company’s billed business growth accelerated across consumer, commercial, and international, driving revenue growth “towards the aspirational target,” the analyst tells investors in a research note.

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