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American Express maintains hold rating amid stable credit and slowed growth

American Express has received a Hold rating from Bank of America Securities, with a price target of $325, due to stable credit metrics but slowed loan growth. Despite strong credit performance, there is a slight increase in loss rates and a negative sentiment among corporate insiders, as indicated by recent share sales. Barclays also maintains a Hold rating, setting a price target of $280.
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Barclays PLC Bank of America Corporation AMERICAN EXPRESS USA Mihir Bhatia Show more
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10:55 18.03.2025
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