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Fly News Breaks for June 15, 2017
AMP
Jun 15, 2017 | 07:35 EDT
Credit Suisse analyst John Nadel noted that Ameriprise has leverage to both short and long-term rates and he raised his price target on the stock to $161 from $157, primarily to account for yesterday's interest rate increase at the Fed. He keeps an Outperform rating on Ameriprise shares.
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.
