Jefferies has upgraded its price target for American Express from 230 to 285, signaling strong confidence in the company's continued resilience and growth trajectory. This adjustment comes in light of positive indicators surrounding American Express's ability to attract new customers and enhance their overall service experience. The firm believes that these factors will play a crucial role in sustaining the momentum of the company's financial performance.

The raised target reflects an optimistic view on the card issuer’s strategic initiatives, particularly in areas such as customer engagement and operational efficiency. As American Express continues to adapt to the evolving landscape of consumer preferences and spending habits, this revised outlook emphasizes the importance of innovation and service excellence in driving growth. Investors will be keenly watching how these developments unfold in the coming quarters as American Express reinforces its market position.