From Financial Modeling Prep: 2024-10-07 19:00:12

HSBC downgraded American Express (NYSE:AXP) from “Buy” to “Hold” with a stock price of $273.79. Despite this, AXP has shown growth since its IPO, with four stock splits enhancing shareholder value. With a market cap of $194.64 billion, AXP remains resilient in the financial sector. The recent downgrade may impact investor sentiment, but historical performance suggests strength.



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