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Fly News Breaks for April 25, 2019
AMP
Apr 25, 2019 | 14:50 EDT
Citi analyst Suneet Kamath raised his 2019 and 2020 EPS estimates for Ameriprise to reflect a lower tax rate, modestly higher buybacks and better Protection earnings. He also raised his price target on the stock to $170 from $153 and keeps a Buy rating on the stock.
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.
