03:55 PM EDT, 07/18/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our 12-month target price at $390, applying a forward P/E of 21.9x our 2026 earnings estimate, a wider risk premium than the peer average of 8.9x given superior growth prospects. We raise our 2025 EPS estimate by $0.15 to $15.68 and 2026's by $0.15 to $17.80. AXP delivered a strong quarter with accelerating spending and robust credit quality. However, management maintained its conservative 2025 EPS guidance of $15.00-$15.50, which we view as prudent positioning rather than a signal of underlying business challenges. We expect the company to exceed the upper end of this range. The upcoming refresh of AXP's U.S. Consumer and Business Platinum Cards this fall should drive increased customer interest, boost account acquisition, and generate higher net card fees. That said, marketing costs may need to increase as competitive pressures intensify, evidenced by JPMorgan Chase's recent decision to raise its Sapphire Reserve annual fee from $550 to $795 while expanding benefits to $2,700 annually.