Jefferies raises Ameriprise price target to $645

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Key Highlights

Jefferies analyst Suneet Kamath maintains a Buy rating on Ameriprise Financial and raises the price target to $645 from $636.

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Jefferies analyst Suneet Kamath has maintained a Buy rating on Ameriprise Financial and raised the price target to $645 from $636. The adjustment reflects an updated outlook on the company's stock performance.

Rating and Price Target

The firm continues to endorse the stock with a positive recommendation. The revised price target represents a slight increase from the previous level.

Metric Value
Rating Buy
Previous Price Target $636
New Price Target $645
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove the modest increase in the price target?

How might Ameriprise Financial's recent earnings influence future analyst ratings?

What are the potential risks that could hinder the stock from reaching the new price target?

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Morgan Stanley raises Ameriprise target to $489

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Reviewed by
Radhika SScanX News Team
Key Highlights

Morgan Stanley analyst Michael Cyprys maintained an Underweight rating on Ameriprise Financial and raised the price target to $489 from $467. The revision reflects updated valuation expectations while retaining a cautious outlook on the stock.

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Morgan Stanley analyst Michael Cyprys has maintained an Underweight rating on Ameriprise Financial while raising the price target to $489 from $467. The revised target indicates a shift in valuation expectations despite the continued cautious stance on the stock.

The rating update follows a review of the company's financial position and market performance. Ameriprise Financial, listed on the NYSE under the ticker AMP, operates in the financial services sector.

Rating and Price Target Details

The following table outlines the revised rating and price target for Ameriprise Financial:

Metric Details
Rating Underweight
Previous Price Target $467
New Price Target $489

The Underweight rating suggests that the analyst expects the stock to underperform relative to the broader market or its sector peers over the near term. The increase in the price target signals a modest improvement in the projected fair value of the shares.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove the increase in the price target despite the Underweight rating?

How might Ameriprise Financial's recent market performance influence future analyst ratings?

What are the potential risks for Ameriprise Financial in the current financial services sector?

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