Evercore ISI Lowers American Express Price Target to $320
American Express's price target has been lowered by analysts at Evercore ISI to $320 from $370. This change is reflected in their TipRanks Smart Score performance, which is based on backtested results.
The revised price target suggests a decrease of around 13% compared to the previous estimate. It's essential to note that backtested performance is not an indicator of future actual results and has inherent limitations. The results may have under- or over-compensated for various market factors, such as liquidity.