Goldman Sachs Upgrades Ameriprise Finl to Buy, Announces $452 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein has upgraded Ameriprise Financial (NYSE:AMP) from Neutral to Buy and set a price target of $452.

January 03, 2024 | 9:41 am
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POSITIVE IMPACT
Ameriprise Financial was upgraded by Goldman Sachs from Neutral to Buy with a price target of $452.
Upgrades by prominent investment banks like Goldman Sachs typically lead to positive short-term price movements as they suggest improved fundamentals or future performance. The new price target of $452 implies a significant upside from current levels, which can attract investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100