AllianceBernstein Appoints New Board Member Robin Raju

AllianceBernstein ( (AB) ) just unveiled an announcement.

On May 22, 2025, AllianceBernstein Corporation’s Board of Directors accepted the resignation of Jeff Hurd as a Non-Independent Director, a move described as part of the normal course of business. Concurrently, Robin Raju, the Chief Financial Officer of Equitable Holdings, Inc., was appointed to the Board as a Non-Independent Director. Mr. Raju, who has extensive experience in financial management and strategic roles at EQH, will bring his expertise in areas such as treasury, investment management, and corporate development to the Board, potentially influencing AllianceBernstein’s strategic financial decisions.

The most recent analyst rating on (AB) stock is a Buy with a $41.00 price target. To see the full list of analyst forecasts on AllianceBernstein stock, see the AB Stock Forecast page.

Spark’s Take on AB Stock

According to Spark, TipRanks’ AI Analyst, AB is a Outperform.

AllianceBernstein’s strong financial foundation, characterized by high profitability, zero debt, and robust cash flow, is its key strength. The valuation is attractive due to its low P/E ratio and high dividend yield. Despite strong growth signals from recent earnings, challenges such as revenue decline and market volatility affecting fixed income remain concerns. Technical indicators suggest a stable trend with caution due to potential overbought conditions.

To see Spark’s full report on AB stock, click here.

More about AllianceBernstein

Average Trading Volume: 620,450

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.41B

Learn more about AB stock on TipRanks’ Stock Analysis page.