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Bank of America Securities Reaffirms Their Hold Rating on AllianceBernstein (AB)

Tipranks - Mon Apr 6, 11:46AM CDT

In a report released on April 2, Craig Siegenthaler from Bank of America Securities maintained a Hold rating on AllianceBernstein, with a price target of $36.00. The company’s shares closed last Thursday at $38.63.

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According to TipRanks, Siegenthaler is a 5-star analyst with an average return of 14.1% and a 56.35% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as BlackRock, T Rowe Price, and Affiliated Managers.

In addition to Bank of America Securities, AllianceBernstein also received a Hold from TipRanks – Anthropic’s Anthropic Asset Management in a report issued on March 30. However, on the same day, TipRanks – OpenAI reiterated a Buy rating on AllianceBernstein (NYSE: AB).

Based on AllianceBernstein’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $89.76 million and a net profit of $81.8 million. In comparison, last year the company earned a revenue of $116.59 million and had a net profit of $105.43 million

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AB in relation to earlier this year. Most recently, in February 2026, Seth P Bernstein, the CEO of AB sold 26,840.00 shares for a total of $1,102,587.20.

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