American Express (AXP) News Today

American Express Company (NYSE:AXP) shares moved lower today as investors weighed a mix of bullish analyst endorsements and options activity against valuation concerns, a high-profile sell rating and insider selling. Key developments:

• Positive Sentiment: Goldman Sachs reiterated its Buy rating on AXP and lifted its price target to $350, citing strong brand positioning and steady earnings growth. American Express’s Strategic Enhancements and Competitive Positioning Drive Buy Rating
• Positive Sentiment: Zacks added AXP to its Focus List as a top long-term pick, highlighting the company’s wide economic moat and consistent revenue growth. Why American Express (AXP) is a Top Stock for the Long-Term
• Positive Sentiment: Traders purchased 14,817 AXP call options on heavy volume—about 22% above average—signaling bullish sentiment around the shares. Traders Purchase High Volume of Call Options on American Express (NYSE:AXP)
• Positive Sentiment: The Motley Fool named AXP one of the best financial-stock buys for its powerful customer incentives and reliable profitability. 1 Reason American Express (AXP) Is 1 of the Best Financial Stocks You Can Buy Today
• Neutral Sentiment: American Express rolled out a refreshed Platinum Card with expanded lounge access and a $600 hotel credit but raised the annual fee by $200 to $895, balancing enhanced benefits against higher costs. ‘If nothing else, going to lounges and using the $600 hotel credit will essentially justify the cost’: American Express Platinum’s facelift
• Neutral Sentiment: AXP is quietly testing a blockchain-based “passport” feature to deepen customer engagement, though the initiative currently offers no direct revenue boost. American Express Built a Blockchain Passport. Don't Worry -- You Probably Won't Notice
• Neutral Sentiment: A Fool.com analysis questioned whether AXP’s strong earnings and customer base alone can make it a “millionaire-maker,” offering a cautious long-term perspective. Is American Express Stock a Millionaire Maker?
• Negative Sentiment: BTIG’s Vincent Caintic reiterated a Sell rating on AXP with a $277 target, pointing to competitive pressures in premium cards and questioning the impact of recent enhancements. American Express Platinum Card Refresh Falls Short: Sell Rating Due to Competitive Pressures and Lack of Enhancements
• Negative Sentiment: Freedom Broker downgraded AXP over its elevated price-to-earnings multiple, flagging valuation as a key risk. American Express downgraded at Freedom Broker on Price-to-Earnings multiple
• Negative Sentiment: Rep. Julie Johnson sold shares of AXP, introducing modest selling pressure amid already elevated trading volume. Rep. Julie Johnson Sells American Express Company (NYSE:AXP) Stock