What the American Express Upgrade Means for Mutual Fund Investors (AXP)

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What the American Express Upgrade Means for Mutual Fund Investors (AXP)

Shauna O'Brien Jan 07, 2015



Inside the Analyst Move


According to analyst Ryan M. Nash: “We upgrade AXP to Buy and see 13% upside, as an improving macro should drive upside to revenue (could reach 7%). Also, (1) increased customer acquisition, (2) share gains in lending, (3) growth from several key long-term initiatives, and (4) opex containment should drive upside to EPS. We are 2% above consensus in 2014 and 3% in 2015.”


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