TD Cowen Lowers American Express (AXP) Price Target to $330

American Express Company (NYSE:AXP) is one of the 11 Best Stocks You’ll Wish You Bought Sooner.

TD Cowen Lowers American Express (AXP) Price Target to $330

On March 31, 2026, TD Cowen lowered the price target on American Express Company (NYSE:AXP) from $375 to $330 and maintained a Hold rating on the stock. With a preview of the first quarter, the firm has adjusted price targets in the consumer finance group. TD Cowen noted that the AI’s impact on employment and geopolitical tensions is driving up the macroeconomic uncertainty. The firm further identified gas price hikes as a significant headwind for low-income consumers, while noting that competition in auto lending remains elevated.

Earlier on March 26, 2026, American Express Company (NYSE:AXP) announced a partnership with fashion label STAUD to launch a limited-edition resort-wear collection as part of the celebration of the Gold Card’s 60th anniversary. The eight-piece capsule features travel-inspired motifs and honors the card’s 1966 debut. Eligible Gold Card members can earn a one-time $90 statement credit on qualifying STAUD purchases till June 30, 2026. With this partnership, the company has started off its yearlong series of commemorative anniversary events.

In another event, on March 23, 2026, Truist lowered its price target on American Express Company (NYSE:AXP) from $400 to $360. Analyst Brian Foran kept a Buy rating on the company’s stock. The revision was part of the firm’s broader research note on financials. In the analyst research note, Brian further cited the lower-than-historical multiples that the market is ascribing and the need to account for the higher cost of equity in the firm’s models.

Founded in 1850, American Express Company (NYSE:AXP) is an American bank holding company and multinational financial services corporation that offers credit cards, travel services, and expense management. Based in New York City, the company is known for its premium “closed-loop” network.

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