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Enter Symbol:
Rating: AXP
Underperform $65

American Express Company (NYSE: AXP) downgraded to Underperform with price target $65 by Oppenheimer

Friday,  Jan 22, 2016  9:25 AM ET by Betsy O'Brien Harrison

Oppenheimer downgraded American Express Company (NYSE: AXP) to Underperform with price
target $65. Previously Oppenheimer downgraded to American Express Company (NYSE: AXP) to Perform on 06/13/2013, when the stock price was $74.40.

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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.

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