
American Express AXP.N shares up 0.5% to $323.85 ahead of its Q4 results due before the opening bell on Fri
Stock rising for fourth straight session to new record highs
The global payments company is expected to report adj quarterly EPS of $3.04 on revenue of $17.16 bln, per LSEG data, vs yr-ago results of $2.62 per share and $15.8 bln
Of the 31 analysts that cover AXP, the breakdown of recommendations is 12 "strong buy" or "buy," 16 "hold" and 3 "sell" or "strong sell" ratings
Median price target of $305 is up from $290 on Dec. 23 and from $270 three months ago
With move on Thurs, AXP shares up ~9% YTD vs 4.6% rise in Dow Industrials .DJI and 4.8% gain in S&P 500 financials .SPSY
AXP options imply a 4.0% swing for the shares, in either direction, on Fri, according to options analytics service ORATS; over the last 12 qtrs, on average, AXP shares moved 4.6%, on the day the co reported results