Nomura Downgrades American Express To Neutral

Nomura downgraded

from Buy to Neutral. The price target for American Express has been lowered from $91.00 to $82.00. American Express shares have dropped 10.42 percent over the past 52 weeks, while the S&P 500 index has surged 13.28 percent in the same period. American Express shares declined 0.63 percent to $77.50 in pre-market trading.