American Express Stumbles On Future Growth As New Card Sign-Ups Lose Steam
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American Express Co (NYSE: AXP) shares fell 2% following disappointing 2026 revenue guidance, despite a refresh of the Platinum Card. Analyst Vincent Caintic maintained a Sell rating with a $328 target, citing weak business trends and declining new card acquisitions. The company's revenue growth is projected at only 5%-8%, with the refresh providing a temporary boost to long-term guidance. At the time of publication, shares were down 0.10% at $351.81.
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