Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Comerica (CMA – Research Report), Ameriprise Financial (AMP – Research Report) and Blackstone Group (BX – Research Report).
Comerica (CMA)
In a report released today, Scott Siefers from Piper Sandler maintained a Hold rating on Comerica, with a price target of $53.50. The company’s shares closed last Monday at $56.80.
According to TipRanks.com, Siefers is a 4-star analyst with an average return of 8.8% and a 56.6% success rate. Siefers covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, Huntington Bancshares, and JPMorgan Chase & Co.
Currently, the analyst consensus on Comerica is a Moderate Buy with an average price target of $56.29, implying a 0.3% upside from current levels. In a report issued on January 3, Evercore ISI also maintained a Hold rating on the stock with a $60.00 price target.
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Ameriprise Financial (AMP)
Piper Sandler analyst John Barnidge maintained a Sell rating on Ameriprise Financial today and set a price target of $325.00. The company’s shares closed last Monday at $384.44, close to its 52-week high of $386.33.
According to TipRanks.com, Barnidge is a 5-star analyst with an average return of 9.7% and a 62.4% success rate. Barnidge covers the Financial sector, focusing on stocks such as American Equity Investment Life, Corebridge Financial, Inc., and F&G Annuities & Life Inc.
Currently, the analyst consensus on Ameriprise Financial is a Moderate Buy with an average price target of $387.00.
Blackstone Group (BX)
Piper Sandler analyst Crispin Love reiterated a Buy rating on Blackstone Group today and set a price target of $150.00. The company’s shares closed last Monday at $122.34.
According to TipRanks.com, Love is a 4-star analyst with an average return of 9.0% and a 64.4% success rate. Love covers the Financial sector, focusing on stocks such as TriplePoint Venture Growth, Virtus Investment Partners, and SEI Investments Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blackstone Group with a $116.12 average price target, a -5.3% downside from current levels. In a report issued on January 2, Wells Fargo also maintained a Buy rating on the stock with a $127.00 price target.
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