Truist Financial raised its price target for American Express from $360 to $375 while maintaining a Buy rating. On July 1, Piper Sandler initiated coverage of the payments and consumer finance sector, positioning American Express as a key holding. A Discounted Cash Flow (DCF) model suggests AXP's fair value could be $403.04, indicating it is 16% undervalued. On July 7, TD Cowen raised its price target for American Express from $330 to $338 while maintaining a hold rating.
