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>> AMERICAN EXPRESS Latest News

MAR 15, 2013 - Benzinga

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UPDATE: JP Morgan Maintains Underweight on American Express on Capital Plans

In a report published by JP Morgan, analyst Richard Shane maintained an Underweight rating and $63 price target on American Express (NYSE: AXP) JP Morgan reported that, “AXP plans repurchases of up to $4B in 2013, quarterly dividend of $0.23 (from $0.20). We had modeled a slightly higher $0.24 dividend and slightly lower $3.6B of repurchases.

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