Wells Fargo reaffirmed its Buy rating for American Express (AXP) on September 16, 2026. Analyst Donald Fandetti maintained a price target of $415 for the stock. This target represents a potential upside of more than 23%.
Fandetti identifies American Express as a top pick for the investment bank. The analysis cites a stable U.S. consumer and growth within the affluent segment. American Express shares closed at $312.43 on September 16.
The endorsement arrives as other financial firms maintain more moderate outlooks on the sector.