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Enter Symbol:
Rating: AXP
Hold

American Express Company (NYSE: AXP) downgraded to Hold by Argus

Monday,  Jan 25, 2016  8:25 AM ET by Lynn Gilbert

Argus downgraded American Express Company (NYSE: AXP) to Hold. Previously, Argus
rated American Express Company (NYSE: AXP) to Buy with price target $84 on 10/22/2015, when the stock price was valued at $71.85.

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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system



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