Deutsche Bank Downgrades American Express (AXP) to Hold
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Piper Jaffray Raises Price Target on American Express (AXP) Following Solid 1Q Earnings
April 21, 2016 9:11 AM EDTPiper Jaffray reiterated a Neutral rating on American Express (NYSE: AXP), and raised the price target to $71.00 (from $66.00), following the company's 1Q earnings report. EPS declined 2% to $1.45 beating consensus of $1.33. The JetBlue portfolio sale added $0.08 to EPS. AXP continues to expect 16 EPS between $5.40-$5.70 and at least $5.60 in 17.... More
Jefferies Raises Price Target on American Express (AXP) Following 1Q EPS Beat
April 21, 2016 8:46 AM EDTJefferies reiterated a Hold rating on American Express (NYSE: AXP), and raised the price target to $60.00 (from $58.00), following the company's 1Q earnings report. AXP reported EPS of $1.45, coming in ahead of consensus' $1.35 estimate. Management affirmed its 2016 and 2017 guidance expectations of $4.83 and $5.58.
Analyst John... More
American Express (AXP) PT Raised to $62 at Nomura But Sees Lack of Clarity for 2017
April 21, 2016 8:18 AM EDTNomura Securities analyst Bill Carcache reiterated a Neutral rating and raised his price target on American Express (NYSE: AXP) to $62.00 (from $55.00). The firm sees a lack of clarity on 2017.
Carcache commented, "AXP reported 1Q16 GAAP EPS of $1.45. Excluding $0.05 of restructuring charges, we estimate... More
American Express (AXP) Posts Solid Growth Ex-Costco - Bernstein
April 21, 2016 8:06 AM EDTBernstein analyst, Kevin St. Pierre is gaining confidence in American Express's (NYSE: AXP) outlook and reiterated his Buy rating and $77 PT.
AXP reported 1Q EPS of $1.45, or $1.50 excluding $0.05 per share in restructuring charges. The results beat consensus of $1.35. Revenues were a little lighter than expected and the beat was driven largely by... More
American Express (AXP) Tops Q1 EPS by 10c
April 20, 2016 4:09 PM EDTAmerican Express (NYSE: AXP) reported Q1 EPS of $1.45, $0.10 better than the analyst estimate of $1.35. Revenue for the quarter came in at $8.1 billion versus the consensus estimate of $7.99 billion.
Consolidated provisions for losses were $434 million, up 3 percent from $420 million a year ago. The current... More
