TD Cowen lowered the firm’s price target on AllianceBernstein (AB) to $39 from $39.50 and keeps a Buy rating on the shares. The firm updated its model following Q1 results where they are mixed on the dynamics unfolding, with the net impact of reducing the company’s 2026-27E adjusted EPU.
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Read More on AB:
- AllianceBernstein price target lowered to $39 from $40 at Barclays
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