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

Rating:
Underperform
AXP
down 52.64 %

American Express Company (AXP) rated Underperform with price target $21 by Credit Suisse

Posted on: Thursday,  Jul 16, 2009  9:25 AM ET by Credit Suisse

Credit Suisse rated Underperform American Express Company (NYSE: AXP) on 07/16/2009. Previously Credit Suisse rated Underperform American Express Company (NYSE: AXP) on
09/29/2008., when the stock price was $36.41. Since then, American Express Company has gained 111.15% as of 01/25/2016's recent price of $76.88.
If you would have followed the previous Credit Suisse's recommendation on AXP, you would have lost 52.64% of your investment in 2674 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2009 9:25 AM Sell
None
26.86 21.00
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
6/5/2009 8:25 AM Sell
None
25.41 20.00
4/24/2009 9:25 AM Sell
None
23.20 17.00
1/27/2009 9:25 AM Sell
None
15.82 14.00
12/5/2008 9:25 AM Sell
None
20.40 25.00
9/29/2008 10:25 AM Sell
None
36.41 32.00

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