Analysts Boost American Express and Robinhood Amid Financial Sector Optimism

Two financial companies have caught the attention of analysts this week: American Express (AXP) and Robinhood (HOOD). The analysts in question are Mihir Bhatia from Bank of America Securities, who maintains a Buy rating on AXP, and Brian Bedell from Deutsche Bank, who reiterated his own Buy rating on HOOD.

American Express has been steadily approaching its 52-week high of $326.28, currently sitting at $325.32. Bhatia's average return is 10.0% with a success rate of 64.9%. He covers the Financial sector and has a focus on stocks such as Bread Financial Holdings, Capital One Financial, and Synchrony Financial.

The consensus rating for AXP is Moderate Buy, with a price target consensus of $380.11.

Meanwhile, Robinhood's shares closed at $114.14 last Monday, according to the report from Deutsche Bank. Bedell has an average return of 18.2% and a success rate of 61.7%. He focuses on Financial sector stocks such as Marketaxess Holdings, Cboe Global Markets, and Tradeweb Markets.