RBC Capital Raises its Price Target on Ameriprise Financial, Inc. (AMP) to $605 and Reiterates an Outperform Rating

Ameriprise Financial, Inc. (NYSE:AMP) is included among the 10 Most Profitable Undervalued Stocks to Buy

On February 2, 2026, RBC Capital expert Kenneth Lee raised his terms people connected Ameriprise Financial, Inc. (NYSE:AMP) to $605 from $580 and reiterated an Outperform standing pursuing the company’s fourth-quarter net report. RBC highlighted stronger-than-expected wrapper flows successful the Advice and Wealth Management segment, noting that integrated maturation from existing advisors was the superior driver, with immoderate seasonal assistance besides contributing.

Other firms adjusted their views aft digesting the aforesaid results. Bank of America and Piper Sandler some updated their outlooks successful precocious January and aboriginal February. On February 1, 2026, Bank of America raised its terms people to $660 from $642 and kept a Buy standing aft updating its exemplary post-earnings. Earlier, connected January 30, 2026, Piper Sandler upgraded Ameriprise to Neutral from Underperform and lifted its terms people to $530 from $434, saying respective headwinds that had pressured the banal since precocious 2024 look to beryllium easing. Piper pointed to wealthiness absorption borderline stableness and beardown lawsuit flows successful the quarter, adding that concerns astir a much competitory advisor recruiting situation were mostly alleviated by the results.

Ameriprise reported fourth-quarter gross of $4.96 cardinal connected January 29, 2026, exceeding the $4.74 cardinal statement estimate. CEO Jim Cracchiolo said the 4th was driven by robust lawsuit enactment and beardown inflows, resulting successful grounds gross and net for some the 4th and the afloat year. He besides noted that the company’s instrumentality connected equity remained among the strongest successful the manufacture and that Ameriprise returned much than 100% of adjusted operating net to shareholders during the quarter.

Ameriprise Financial, Inc. (NYSE:AMP), unneurotic with its subsidiaries, operates arsenic a diversified fiscal services institution successful the United States and internationally. The institution offers fiscal readying and proposal services to idiosyncratic and organization clients.

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Disclosure: None.