American Express (AXP) was Upgraded to a Hold Rating at Credit Suisse


American Express (AXP) received a Hold rating and a $96 price target from Credit Suisse analyst Moshe Orenbuch yesterday. The company’s shares closed yesterday at $101.18.

According to TipRanks.com, Orenbuch is a 5-star analyst with an average return of 9.3% and a 65.8% success rate. Orenbuch covers the Financial sector, focusing on stocks such as Curo Group Holdings Corp, Credit Acceptance Corp, and Santander Consumer USA.

American Express has an analyst consensus of Moderate Buy, with a price target consensus of $116.08, representing a 14.7% upside. In a report issued on December 14, Barclays also maintained a Hold rating on the stock with a $118 price target.

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The company has a one-year high of $114.55 and a one-year low of $87.54. Currently, American Express has an average volume of 3.67M.

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American Express Co. engages in the provision of charge and credit card products, and travel-related services. It operates through the following segments: Global Consumer Services Group (GCSG); Global Commercial Services (GCS); Global Merchant and Network Services (GMNS); and Corporate and Other.

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