BofA lowered the firm’s price target on AllianceBernstein (AB) to $40 from $42 and keeps a Neutral rating on the shares. The firm made EPS revisions post Q4 reporting for a number of companies in its brokers, asset managers and exchanges coverage.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AB:
- AllianceBernstein price target raised to $41 from $39 at Barclays
- AllianceBernstein Balances Record Scale With Flow Headwinds
- AllianceBernstein reports Q4 adjusted EPS 96c, consensus 92c
- AB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- AllianceBernstein price target lowered to $39 from $42 at Barclays