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Ameriprise price target raised to $542 from $507 at Morgan Stanley

Ameriprise price target raised to $542 from $507 at Morgan Stanley

Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Ameriprise (AMP) to $542 from $507 and keeps an Equal Weight rating on the shares. Post Q4 earnings, the firm lowered its 2025 EPS view by 0.3% to $39.51 and 2026 EPS forecast by 1.3% to $41.69 on higher G&A expenses and lower management and advisory fees, the analyst tells investors.

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