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Interest rates on some American Express credit cards will be increasing, according to letters sent out to customers this month. The rate hikes will affect "a small percentage" of the company's 55 million U.S. cardholders, who will see an average increase With all the problems facing American Express (AXP)–from the loss of Costco (COST) and JetBlue Airways (JBLU) to the Justice Department’s antitrust ruling–why would anyone upgrade its shares? Deutsche Bank’s David Ho, who raised American Express Nick Clements is a personal finance expert and the co-founder of MagnifyMoney.com, a website that makes it easy for people to compare financial products, ditch expensive banking relationships and save money. By answering just a few questions, you can NEW YORK (TheStreet) -- American Express Co. (AXP - Get Report) stock is up 1.13% to $83.10 in early morning trading Thursday after Deutsche Bank upgraded the company's rating to "buy" from "hold," and increased its price target to $90 from $88. After American Express ended its co-branding agreement with Costco earlier this month. Wall Street analysts were disappointed at the loss of the deal, which was followed by more bad news for the company, including a rate hike on over 1 million cards and the You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here's how we make money. American Express Membership Rewards .
At Insider Monkey we follow the investment picks of 59 billionaires every quarter after they submit their 13F filings to gain an insight into which way the wind is blowing on Wall Street according to these professional money managers. After analysing these A study of analyst recommendations at the major brokerages shows that American Express American Express Co. (NYSE: AXP) is the #24 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. American Express Co. (NYSE:AXP) has had a difficult year, and things got worse when Costco Wholesale Corp. (NASDAQ:COST) announced that it will be ending its lucrative partnership with the largest U.S. credit-card issuer, sending stock prices down by 7. Don’t make big claims if you can’t substantiate them No one wants to hear that you’re going to make American Express obsolete unless you can really substantiate that. Do you have someone from AmEx to vouch that you’re onto a killer product that .
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