B of A raises American Express target to $391
B of A Securities analyst Kenneth Bruce maintains a Buy rating on American Express (NYSE: AXP) and raises the price target to $391 from $387.

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B of A Securities analyst Kenneth Bruce maintains American Express (NYSE: AXP) with a Buy rating and raises the price target to $391 from $387. The adjustment reflects an updated valuation outlook for the financial services giant.
Rating and Target Details
The revised price target indicates confidence in the company's performance. The Buy rating suggests the stock is expected to outperform the market.
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $387 |
| New Price Target | $391 |
What specific factors drove the updated valuation outlook for American Express?
How might American Express's performance compare to its competitors in the financial services sector?
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