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Ameriprise price target raised to $582 from $518 at Raymond James

Raymond James analyst Wilma Burdis raised the firm’s price target on Ameriprise (AMP) to $582 from $518 and keeps a Strong Buy rating on the shares. The firm continue to like Ameriprise’s diverse revenue mix, track record of strong performance, strict expense discipline, and underappreciated insurance business, the analyst tells investors in a research note.

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