Stifel Nicolaus Upgrades American Express (AXP) From Hold To Buy
October 26, 2009 7:58 AM
Stifel Nicolaus upgrades American Express (nyse:axp) from Hold to Buy.
American Express closed at $34.58 on Friday. Stifel's price target on AXP of $50, represents close to 43% upside in American Express's stock.
Stifel said it thinks AXP is much closer to "normalized" earnings.







