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Two Stocks Get Good News and One Sees Projections Cut to Start Trading

August 3, 2023
in Trade Tube
Reading Time: 1 min read
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Tech stocks Cisco Systems (CSCO) and Netflix (NFLX) each get good news but American Express (AXP) gets dinged again in Thursday’s Analysts’ Actions. Netflix, which started the week with a monster beat that had analysts ratcheting up their expectations, had Pivotal Research analysts give the stock a $550 price target. And Cisco saw its price target bumped up by analysts at Piper Jaffray. Finally, American Express took a cut to its price target and its earnings projection from Credit Suisse analysts, who didn’t see net income offset by things like AmEx’s Concur sale.

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