Piper Sandler Maintains Underweight on Ameriprise Finl, Raises Price Target to $392
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst John Barnidge maintains an Underweight rating on Ameriprise Financial (AMP) and raises the price target from $360 to $392.
April 05, 2024 | 12:03 pm
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Ameriprise Financial's price target was raised from $360 to $392 by Piper Sandler, although the Underweight rating was maintained.
The increase in price target suggests a positive outlook on the stock's value from Piper Sandler, despite the Underweight rating indicating a cautious stance. This mixed signal could lead to neutral short-term price movement as investors digest both the positive and cautious aspects of the analysis.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90