Nykredit A S Makes New Investment in American Express Company $AXP
MarketBeat
Nykredit A S has initiated a new position in American Express Company (AXP) by acquiring 190,226 shares valued at approximately $64.3 million during the second quarter. This move is part of broader institutional investor activity, with several hedge funds also adjusting their stakes, contributing to institutional ownership of 84.33% of AXP. Despite a recent downgrade from RBC, analysts maintain a "Moderate Buy" consensus rating with an average price target of $373.32, following American Express'
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