What is DZ Bank's new rating for AXP?

DZ Bank upgraded the stock from Hold to Buy.

Why did Mario Gabelli include American Express in his top dividend stocks?

Because the company offers stable and strong dividends, making it attractive for income investors.

When did DZ Bank upgrade the stock?

The upgrade occurred on June 18, 2026.

DZ Bank Upgrades American Express to Buy, Price Target $375

DZ Bank upgraded American Express (AXP) to Buy from Hold, setting a $375 price target. The stock is included in billionaire Mario Gabelli's top 12 dividend stocks list.

June 24, 2026

2 min read

Source: Insider Monkey

Key Numbers

price target

$375

upgrade from

Hold

upgrade to

Buy

DZ Bank upgraded American Express Company (NYSE:AXP) to Buy from Hold, with a price target of $375 per share. The upgrade comes as the stock features among billionaire Mario Gabelli's top 12 dividend stocks.

Upgrade Details

Previous Rating: Hold
New Rating: Buy
Price Target: $375
Upgrade Date: June 18, 2026

Analyst Rationale

DZ Bank analysts believe American Express has strong fundamentals supporting future earnings growth, particularly due to its focus on expanding its customer base and improving digital offerings. The stable dividend also makes the stock attractive for income-focused investors.

Context

The upgrade follows Chairman and CEO Stephen Squeri's reaffirmation of strong dividend commitments during the Q1 2026 earnings call. Inclusion in Gabelli's list further boosts market confidence.

What This Means for Investors

While the upgrade signals positive sentiment, investors should consider that the price target is just one estimate, and the stock's performance may be influenced by macroeconomic and competitive factors.

Frequently Asked Questions

DZ Bank set a price target of $375 per share.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.