Barclays raised the firm’s price target on American Express (AXP) to $355 from $336 and keeps an Equal Weight rating on the shares. The company reported strong Q3 results and improved its 2025 outlook, the analyst tells investors in a research note. The firm says American Express beat revenue expectations as billed business growth accelerated sequentially across consumer, commercial and international.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AXP:
- American Express price target raised to $400 from $375 at Wells Fargo
- American Express: Strong Growth and Earnings Outlook Balanced by Valuation Concerns and Rising Expenses
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- American Express Stock Soars Amid Strong Q3 Results
- American Express Reports Strong Q3 2025 Results