Why Is American Express Stock Tuesday? - American Express (NYSE:AXP)

This renewed multiyear agreement expands American Express’s presence across the league, which may be contributing to positive investor sentiment.Evercore ISI Group analyst John Pancari maintained an In-Line rating on American Express. Pancari lowered his price forecast to $393 from $400.The AgreementUnder the new agreement, American Express will increase its investment in the WNBA and add USA Basketball, including both Men’s and Women’s National Teams. The deal also positions American Express as the entitle ...