Barclays analyst Benjamin Budish lowered the firm’s price target on AllianceBernstein (AB) to $40 from $42 and keeps an Equal Weight rating on the shares as part of a Q3 preview for the asset managers. Assets under management estimates rose due to market appreciation in Q3, relative to Q2, though flow profiles were mostly negative, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AB:
- AB Earnings this Week: How Will it Perform?
- Wall Street Hunts for Consumer Clarity as Data Gets Delayed. Here’s What Banks Are Seeing.
- AllianceBernstein Reports Q3 2025 Assets Under Management
- AllianceBernstein reports preliminary AUM $860B as of September 30
- Why Is Blackstone’s Legence (LGN) Wall Street’s New Favorite to Benefit from the AI Boom?