TD Cowen Initiates Coverage On AllianceBernstein Holding with Outperform Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bill Katz has initiated coverage on AllianceBernstein Holding (NYSE:AB) with an Outperform rating and set a price target of $36.
January 04, 2024 | 6:13 pm
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AllianceBernstein Holding received an Outperform rating from TD Cowen with a price target of $36.
Initiation of coverage by an analyst with an Outperform rating typically signals confidence in the company's future performance, suggesting a positive outlook for the stock. The price target of $36 indicates a potential upside from the current trading price, which could attract investor interest and drive short-term price movement upwards.
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