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Fly News Breaks for January 13, 2016
AMP
Jan 13, 2016 | 07:23 EDT
Wells Fargo analyst John Hall downgraded Ameriprise to Market Perform saying equity market driven fees will be pressured in 2016 by an absence of equity market lift. Hall lowered his price target range for the shares to $100-$105 from $145-$150.
News For AMP 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.