StockNews.com upgraded shares of American Express (NYSE:AXP) from a hold rating to a buy rating in a research report report published on Saturday morning. AXP has been the topic of several other reports.

U.S. credit card delinquency and net charge-off rates remained stable in December even as U.S. consumers borrowed more during the month, the company disclosed on Wednesday. The U.S. consumer card member delinquency rate held at 1.