American Express Analysts Expect Gains From Strong Card Spending
1. American Express Q4 revenue grew 9% to $17.18 billion. 2. EPS came in at $3.04, slightly above consensus expectations. 3. Analysts raised price targets for AXP, reflecting positive spending trends. 4. Morgan Stanley predicts 8.7% growth, reinforcing bullish sentiment. 5. Stock down 1.53% after price target increases, indicating market caution.