American Express Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - American Express declared a quarterly dividend of $9,072.22 per share on its 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D [4] - The company's shares fell by 0.3% to close at $249.20 [5] - American Express is expected to report second-quarter earnings of $3.25 per share, an increase from $2.89 per share in the previous year, with projected revenue of $16.59 billion compared to $15.05 billion a year earlier [7] Analyst Ratings - Compass Point analyst David Rochester initiated coverage with a Neutral rating and a price target of $260, with an accuracy rate of 71% [8] - Wells Fargo analyst Donald Fandetti maintained an Overweight rating and raised the price target from $275 to $285, with an accuracy rate of 73% [8] - JP Morgan analyst Richard Shane maintained an Overweight rating and increased the price target from $240 to $268, with an accuracy rate of 70% [8] - Citigroup analyst Keith Horowitz initiated coverage with a Neutral rating and a price target of $250, with an accuracy rate of 82% [8] - RBC Capital analyst Jon Arfstrom maintained an Outperform rating and raised the price target from $253 to $263, with an accuracy rate of 82% [8]