Morgan Stanley Maintains Equal-Weight on Ameriprise Finl, Raises Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Equal-Weight rating on Ameriprise Financial (NYSE:AMP) and raises the price target from $338 to $340.

June 02, 2023 | 11:53 am
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Morgan Stanley maintains an Equal-Weight rating on Ameriprise Financial and raises the price target from $338 to $340.
The news of Morgan Stanley maintaining an Equal-Weight rating on Ameriprise Financial and raising the price target from $338 to $340 indicates that the analyst sees potential for the stock price to increase. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market, which means the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100