RBC Capital Maintains Outperform on Ameriprise Finl, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee has maintained an Outperform rating on Ameriprise Financial (NYSE:AMP) and increased the price target from $420 to $450.
January 26, 2024 | 2:54 pm
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Ameriprise Financial's Outperform rating has been reaffirmed by RBC Capital, with a raised price target from $420 to $450, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a strong conviction in Ameriprise Financial's future performance. This positive analyst action can often lead to a short-term increase in stock price as it may influence investor sentiment and expectations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100