JPMorgan downgrades American Express, says fundamental strength is largely priced in

Published Mon, Apr 11 20227:18 AM EDT

The American Express Co. application is displayed in the App Store on an Apple Inc. iPhone in an arranged photograph taken in Washington, D.C.

Andrew Harrer | Bloomberg | Getty Images

Shares of American Express are likely to cool off after a solid start to 2022, according to JPMorgan.

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