American Express Falls 1.34% as Bullish Upgrades Clash with Valuation Pressures Volume Ranks 88th

American Express (AXP) closed on September 5, 2025, with a 1.34% decline, trading at $330.65. The stock recorded a volume of $0.97 billion, ranking 88th in market activity for the day. Analysts have shown renewed optimism, with Wells Fargo upgrading its price target to $375 from $350, maintaining an "Overweight" rating. Deutsche Bank also raised its target to $375 from $371, while other firms like JP Morgan and Morgan Stanley adjusted their forecasts upward by double-digit percentages. The average one-year price target among 24 analysts stands at $317.79, suggesting a 3.89% downside from the current price, though the firm’s GF Value estimate implies a larger 13.51% potential decline. Despite recent strategic moves, including board expansions and new partnerships, the stock faces pressure amid mixed analyst sentiment.

Recent developments highlight American Express’s market positioning. The company reported stable delinquency rates for U.S. consumer loans, with a 30-day past-due rate at 1.3%. Wells Fargo cited the U.S. Platinum card refresh as a key growth driver. Meanwhile, the firm’s financial health remains strong, supported by a 9.17% revenue growth and a 55-year streak of consecutive dividend payments. However, the stock’s 35.78% annual gain has drawn scrutiny, with some analysts cautioning that valuations may be stretched relative to historical metrics.

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