Guggenheim Securities Upgrades American Express To Buy

Analysts at Guggenheim Securities upgraded American Express Company

from “neutral” to “buy.” The target price for American Express has been raised from $105 to $109. American Express shares have jumped 21.85% over the past 52 weeks, while the S&P 500 index has gained 18.85% in the same period. American Express's shares fell 0.87% to close at $94.57 yesterday.