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Enter Symbol:
 
American Express Company (AXP) [hlAlert]

Rating:
Underperform
AXP
down 73.95 %

American Express Company (AXP) rated Underperform with price target $12.50 by Jefferies & Co

Posted on: Monday,  Apr 6, 2009  8:25 AM ET by Jefferies & Co

Jefferies & Co rated Underperform American Express Company (NYSE: AXP) on 04/06/2009. Previously Jefferies & Co rated Underperform American Express Company (NYSE: AXP)
on 11/13/2008., when the stock price was $20.02. Since then, American Express Company has gained 284.02% as of 01/25/2016's recent price of $76.88.
If you would have followed the previous Jefferies & Co's recommendation on AXP, you would have lost 73.95% of your investment in 2629 days.

American Express Company is primarily engaged in the business of providing travel related services, financial advisory services and international banking services throughout the world. American Express Travel Related Services Company, Inc. provides a variety of products and services, including, global network services, the American Express Card, the Optima Card and other consumer and corporate lending products, stored value products, and several others.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/6/2009 8:25 AM Sell
None
14.90 12.50
as of 12/31/2009
1 Week down  -10.36 %
1 Month down  -9.96 %
3 Months down  -35.69 %
1 YTD down  -147.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2009 8:25 AM Sell
None
15.80 14.00
11/13/2008 8:25 AM Sell
None
20.02 17.00

(*) Stock Price at the time of the recommendation.
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