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American Express cut to Equal weight at Barclays as risk/reward balances (NYSE:AXP)

The American Express headquarters in Sydney, Australia. Part of the American multinational Financial Services group based in New York and founded in 1850.

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  • American Express (NYSE:AXP) stock slipped 1.0% in Tuesday premarket trading after Barclays downgraded the credit card stock to Equalweight from Overweight after its stock has rallied 43% since November 2023.
  • While analyst Terry Ma considers AXP to be the best card

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