Category: Markets
Published: 2026-07-07T14:21:38.000Z
TD Cowen raised its price target for American Express (NYSE:AXP) to $338 from $330, while maintaining a "hold" rating, suggesting a potential downside of 4.79% from the stock's previous close. Despite this, other analysts like Goldman Sachs, Truist, UBS, and Barclays have also increased their price targets, contributing to a consensus "Hold" rating and an average price target of $368.50. American Express reported strong Q1 results, beating EPS estimates with $4.28 and an 11.4% year-over-year revenue growth, while institutional investors have been actively adjusting their stakes in the company.
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