JP Morgan Upgrades American Express Amid Geopolitical Uncertainties
JP Morgan upgraded its rating on American Express (AXP) from Neutral to Outperform due to the company's resilience against geopolitical crises like rising energy prices and supply chain disruptions. The firm raised AXP’s price target from $328 to $400, citing a customer base less sensitive to inflationary pressures.
Topics: dividend_stocks financial_services geopolitical_risk