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American Express price target lowered to $185 from $194 at BMO Capital
The Fly

American Express price target lowered to $185 from $194 at BMO Capital

BMO Capital analyst James Fotheringham lowered the firm’s price target on American Express to $185 from $194 and keeps a Market Perform rating on the shares after its Q1 cost-driven earnings miss. The company’s credit losses are rising and its growth is moderating, the analyst tells investors in a research note.

Published first on TheFly

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