American Express Stock Topped The Consensus In Q2, What’s Next?

American Express’ stock (NYSE: AXP) is down 7% YTD, outperforming the 16% drop in the S&P500 over the same period. Further, it is currently trading at $152 per share, which is 15% below its fair value of $178 – Trefis’ estimate for American Express’ valuation.

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