American Express Company (AXP) shows mixed dynamics with various entities increasing, selling, or buying its shares. The company's credit card charge-offs and delinquency remain solid. Deutsche Bank raises the company's price target to $375 and maintains its 'Buy' rating, indicating potential growth. Multiple entities like Kovitz Investment Group, Ballast Inc., and Nuveen LLC. hugely invest in AXP. Discussing reliability as a long-term income stock AXP has mixed views. Notably, Boston Partners has stock holdings worth $525.08 Million. Amid this, certain entities like King Luther Capital Management Corp., Invesco Ltd., and Russell Investments Group Ltd. are significantly selling AXP shares. Importantly, questions arise if AXP is winning the loyalty battle against Fintechs. Deutsche Bank's upgraded price target signals a strategic buy opportunity in premium financial services. Moreover, AXP reportedly has strong Q1 and Q2 revenue growth, and its stock forecasts look promising. Even as certain insiders were selling in Q1 2025, the company managed to deliver strong first-quarter results and record second-quarter revenue. Earnings Per Share hit $4.08, up 9% year-over-year.
American Express Company AXP News Analytics from Sat, 01 Feb 2025 08:00:00 GMT to Sat, 16 Aug 2025 12:32:40 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 0
