TD Cowen raised the firm’s price target on American Express (AXP) to $375 from $350 and keeps a Hold rating on the shares. The firm updated its price target to reflect is outlook in the Specialty Finance sector affected by macro economic factors and secualr growth in various areas of credit card, auto lending, student lending, non-prime lending, buy-now-pay-later, and lease to own.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $375 from $350 at TD Cowen
- American Express price target raised to $400 from $385 at Evercore ISI
- American Express price target raised to $420 from $400 at Goldman Sachs
- American Express price target raised to $367 from $355 at Barclays
- American Express: Solid 2026 Growth Outlook but Full Valuation Keeps Rating at Hold