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American Express Company (AXP) [hlAlert]

Rating:
Neutral AXP

American Express Company (AXP) rated Neutral with price target $50 by Ladenburg Thalmann

Posted on: Friday,  Apr 23, 2010  9:25 AM ET by Ladenburg Thalmann

Ladenburg Thalmann rated Neutral American Express Company (NYSE: AXP) on 04/23/2010. Previously Ladenburg Thalmann rated Sell American Express Company (NYSE: AXP) on
08/10/2009., when the stock price was $32.26. Since then, American Express Company has gained 18.44% as of 01/26/2010's recent price of $38.21.
If you would have followed the previous Ladenburg Thalmann's recommendation on AXP, you would have lost 15.57% of your investment in 169 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 Research Department takes a fresh, critical approach to analyzing primary sources and developing proprietary research. Many individuals, institutions, portfolio managers and hedge fund managers, on all levels, have been neglected by brokerage firms ignoring the demands for unbiased research. Ladenburg Thalmann provides a superior branded in-depth research product geared only to action-oriented investment ideas. Ladenburg Thalmann’s proprietary equity research tries to uncover crucial information before the rest of the Street. Our analysts concentrate on uncovered and under-covered stocks and have a small to mid-cap focus. We will not shy away from large cap names as long as we can bring value to our clients through timely, differentiated ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2010 9:25 AM Hold
None
48.16 50.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD up  5.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/26/2010 8:25 AM Hold
None
38.21 40.00
8/10/2009 10:25 AM Sell
None
32.26 26.00

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