Amex Sees Bullish Call from Wells Fargo Analyst

Wells Fargo analyst Donald Fandetti has reaffirmed his Buy rating on American Express (AXP), setting a price target of $415.00.

This is not the only positive call on AXP, as Truist Financial's Brian Foran also maintains a Buy rating.

However, Barclays previously maintained a Hold rating on the stock in September.

Recent corporate insider activity shows that 55 insiders have sold shares of AXP over the past quarter, leading to negative sentiment on the stock.