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Article: United States : Stifel Nicolaus Upgrades American Express (AXP) to Buy; $50 Price Target.

Article from:
TendersInfo
Article date:
October 27, 2009
Copyright

Byline: Mamta03

Stifel Nicolaus upgrades American Express (NYSE: AXP) from Hold to Buy. The firm also set a $50 price target.

Traders seem to be responding to the analyst upgrade this morning, bidding up shares of AmEx by more than 1% in the pre-market session. The stock most recently traded at $34.97.

Stifel's new price target represents potential ...

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