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AXP's Risk/Reward Is No Longer Attractive & AFRM See Interest Rate Pressure

AXP's Risk/Reward Is No Longer Attractive & AFRM See Interest Rate Pressure

FromSchwab Network


AXP's Risk/Reward Is No Longer Attractive & AFRM See Interest Rate Pressure

FromSchwab Network

ratings:
Length:
6 minutes
Released:
Jul 6, 2023
Format:
Podcast episode

Description

Baird downgraded American Express (AXP) to neutral from outperform. Jenny Horne discusses this as the Baird analyst says that the risk/reward is more balanced following significant outperformance. The analyst continues to like AXP and its ability to drive sales growth, but no longer sees risk/reward as attractive. Jenny then compares AXP to master Card (MA) and Visa (V). She then goes over how Affirm (AFRM) has been downgraded by Piper Sandler. The analyst expects persistently higher interest rates to pressure operating margins. Tune in to find out more about the stock market today.
Released:
Jul 6, 2023
Format:
Podcast episode

Titles in the series (100)

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