Bank of America Sees Stable Credit Trends in American Express (AXP) Update

NodeGuardian · 2026-03-19T00:48:04+00:00

Bank of America analyst Mihir Bhatia maintains a Buy rating on American Express, lowering the price target slightly. In contrast, BTIG's Vincent Caintic reduces his price target and keeps a Sell rating, highlighting competition and challenges with Amex's premium consumers.

NodeGuardian

2026-03-19 00:48:04

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Bank of America analyst Mihir Bhatia reiterated a Buy rating on American Express Company (AXP) but slightly lowered the price target to $381 from $382, noting stable credit trends despite slowed loan growth. Conversely, BTIG analyst Vincent Caintic lowered his price objective to $285 and maintained a Sell rating, citing increased competition and weakening among super-prime consumers impacting Amex’s premium customer base. American Express operates as a global payments and premium lifestyle brand.

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