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Morgan Stanley: Discover And American Express Are Buys Following Earnings Selloff
Tuesday, January 27, 2015 - 4:19pm | 364Read More...In a recent report, Morgan Stanley analysts took an in-depth look at credit card giants American Express Company (NYSE: AXP) and Discover Financial Services (NYSE: DFS). Analysts believe that both names offer excellent buying opportunities after their recent earnings sell-offs. Related Link:...
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Morgan Stanley Initiates Coverage On American Express, 'Sunny Blue Skies Ahead'
Wednesday, December 17, 2014 - 9:37am | 196Read More...Cheryl Pate of Morgan Stanley initiated coverage of American Express Company (NYSE: AXP) on Wednesday with an Overweight rating and $110 price target. "We are Overweight Amex based on our expectation of accelerated US card spend, driven by 1) ramping consumer spending and 2) higher...
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Market Wrap For February 10: Markets Cautious Ahead Of Yellen Testimony
Monday, February 10, 2014 - 5:47pm | 3302Read More...U.S. stocks traded mixed today as investors are anxiously waiting for Tuesday's testimony from Janet Yellen. Yellen will make her first appearance before the U.S. House of Representatives with a Senate session scheduled for Thursday. Elliot Spar, market strategist at Stifel told CNBC that "...
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UPDATE: Morgan Stanley Upgrades American Express on New OptBlue Program
Monday, February 10, 2014 - 8:51am | 92Read More...In a report published Monday, Morgan Stanley analyst Betsy Graseck upgraded American Express (NYSE: AXP) from Neutral to Overweight and raised the price target from $90 to $100. Graseck believes the new OptBlue program and improving economy will increase estimated EPS by 1-2%. In the report,...
