Wells Fargo analyst Donald Fandetti maintained a Buy rating on American Express (AXP) with a price target of $425.00, following the company’s strong fourth-quarter earnings report. Despite this, corporate insider sentiment for AXP is negative due to increased insider selling. Other analysts have varying ratings, with Bank of America Securities also issuing a Buy, while Barclays maintained a Hold.
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American Express (AXP) Receives a Buy from Wells Fargo
Wells Fargo analyst Donald Fandetti maintained a Buy rating on American Express (AXP) with a price target of $425.00, following the company’s strong fourth-quarter earnings report. Despite this, corporate insider sentiment for AXP is negative due to increased insider selling. Other analysts have varying ratings, with Bank of America Securities also issuing a Buy, while Barclays maintained a Hold.