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Fly News Breaks for July 3, 2017
AMP
Jul 3, 2017 | 07:31 EDT
After spending time with management, Morgan Stanley analyst Nigel Dally says he continues to believe Ameriprise Financial's "fundamental strength" is "significantly stronger" than what is reflected in the current stock price. Management is confident the company's core margin can continue to expand, Dally tells investors in a research note. He keeps an Overweight rating on Ameriprise with a $148 price target.
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.