Goldman Sachs Sticks to Its Hold Rating for Ameriprise Financial (AMP)
Goldman Sachs analyst Alexander Blostein maintained a Hold rating on Ameriprise Financial yesterday and set a price target of $490.00.
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Blostein covers the Financial sector, focusing on stocks such as Invesco, Nasdaq, and Virtu Financial. According to TipRanks, Blostein has an average return of 16.3% and a 68.10% success rate on recommended stocks.
In a report released today, Piper Sandler also assigned a Hold rating to the stock with a $460.00 price target.
Based on Ameriprise Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.05 billion and a net profit of $1.01 billion. In comparison, last year the company earned a revenue of $4.66 billion and had a net profit of $1.07 billion
Based on the recent corporate insider activity of 56 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 AMP in relation to earlier this year. Most recently, in February 2026, Gumer Alvero, the PRESIDENT-INSURANCE&ANNUITIES of AMP sold 4,658.00 shares for a total of $2,528,735.04.
