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Fly News Breaks for October 10, 2016
STI, LNC, GS, C, BAC, AMP
Oct 10, 2016 | 07:15 EDT
Oppenheimer technical analyst Ari Wald upgraded the Financials sector to Market Weight and downgraded Consumer Staples to Underweight in next step in the firm's "cyclical rotation road map." Wald identified Ameriprise (AMP), Bank of America (BAC), Citi (C), Goldman Sachs (GS), Lincoln National (LNC) and SunTrust (STI) as six stocks breaking higher that he sees as likely to benefit from internal market rotation.
News For AMP;BAC;C;GS;LNC;STI From the Last 2 Days
AMP
Apr 24, 2024 | 09:40 EDT
RBC Capital raised the firm's price target on Ameriprise to $480 from $470 and keeps an Outperform rating on the shares after its Q1 earnings beat. The firm continue to sees potential benefit for Ameriprise if clients start to re-allocate cash to wrap accounts or other risk assets, also noting that it is favoring the strong fundamentals in the Advice & Wealth Management Segment business and the stock's capital-return story, the analyst tells investors in a research note.
AMP
Apr 24, 2024 | 07:31 EDT
