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American Express Company (AXP) [hlAlert]

Hold AXP
up 12.07 %

American Express Company (AXP) downgraded to Hold with price target $53 by Stifel Nicolaus

Posted on: Monday,  Dec 20, 2010  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold American Express Company (NYSE: AXP) on 12/20/2010. Previously Stifel Nicolaus rated Buy American Express Company (NYSE: AXP) on
06/07/2010., when the stock price was $38.77. Since then, American Express Company has gained 12.07% as of 12/20/2010's recent price of $43.45.
If you would have followed the previous Stifel Nicolaus's recommendation on AXP, you would have gained 12.07% of your investment in 196 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/20/2010 8:25 AM Hold
43.45 53.00
as of 12/31/2010
1 Week   
1 Month up  0.53 %
3 Months up  3.37 %
1 YTD up  7.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/7/2010 9:25 AM Buy
38.77 49.00
10/26/2009 10:25 AM Buy
35.69 50.00
7/6/2009 8:25 AM Hold
4/14/2009 9:25 AM Sell
12/7/2007 9:25 AM Hold
7/24/2007 9:25 AM Buy
63.32 71.00

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