Piper Sandler Maintains Underweight on Ameriprise Finl, Lowers Price Target to $387
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst John Barnidge maintains an Underweight rating on Ameriprise Financial (NYSE:AMP) and lowers the price target from $390 to $387.
June 28, 2024 | 1:17 pm
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Piper Sandler has maintained an Underweight rating on Ameriprise Financial and slightly lowered the price target from $390 to $387, indicating a cautious outlook.
The Underweight rating and lowered price target suggest a negative outlook from Piper Sandler, which could lead to a short-term decline in AMP's stock price as investors react to the cautious sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100