American Express Analysts Break Down Credit Trends, Future Revenue Surge

Loading... Loading... Goldman Sachs analyst Ryan M. Nash maintained American Express Co AXP with a Buy and raised the price target from $263 to $270. American Express reported mixed fiscal 2024 second-quarter results, with an EPS beat driven by a lower provision while Pre-provision Net Revenue (PPNR) was in line, Nash said. The focus was on its outlook, where American Express is pointing to deceleration in Net Interest Income (NII) and similar billed business growth trends. Also Read: American Express Q2 Ea ...