Morgan Stanley Maintains Equal-Weight on Ameriprise Finl, Raises Price Target to $502
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys maintains an Equal-Weight rating on Ameriprise Financial (NYSE:AMP) and raises the price target from $440 to $502.
October 17, 2024 | 2:16 pm
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Morgan Stanley has maintained its Equal-Weight rating on Ameriprise Financial and increased the price target from $440 to $502, indicating a positive outlook.
The increase in the price target from $440 to $502 by Morgan Stanley suggests a positive outlook for Ameriprise Financial. Although the rating remains Equal-Weight, the higher price target indicates expectations of growth, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100