# BofA Securities: American Express delivered strong quarterly results.

*business · news · 2026-04-24 · Benzinga*

## Key points

- BofA Securities raised its American Express price target from $381 to $387 following strong results.
- American Express beat revenue and earnings expectations, but kept full-year guidance unchanged.
- Despite a strong Q1, BTIG sees no acceleration in billed business on a constant currency basis.
- Management reiterated mid-teens 2026 earnings growth guidance, implying possible downward estimate revisions.

**Companies:** American Express

[Read the full story on Benzinga](https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/52041049/american-express-reports-q1-beat-stock-tanks-on-2026-outlook)

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