Morgan Stanley cuts target for Ameriprise Financial stock to USD 483
Published on 10/20/2026 at 21:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Morgan Stanley cut its Ameriprise Financial target to USD 483.00 from USD 489.00 on October 9, 2026.
- Second-quarter adjusted earnings per share were USD 11.07, while revenue reached USD 4.90 billion.
- Ameriprise Financial stock costs EUR 432.70 at Lang & Schwarz on October 20, 2026 at 9:48 p.m. CEST, 3.93 percent below the Tradegate close of October 16, 2026.
- Ameriprise Financial plans to publish third-quarter 2026 results on October 29, 2026.
Ameriprise Financial stock (ISIN US03076C1062) has a fresh analyst benchmark after Morgan Stanley lowered its target from USD 489.00 to USD 483.00 and kept an underweight rating on October 9, 2026, according to MarketBeat. The stock was trading at EUR 432.70 at Lang & Schwarz on October 20, 2026 at 9:48 p.m. CEST, 3.93 percent below the Tradegate close of October 16, 2026 at EUR 450.40.
Target points to a cautious view
Morgan Stanley's revised target is 1.23 percent below its previous USD 489.00 level. The report kept the underweight rating, giving the analyst view a more defensive tone than the broader market narrative.
The latest quarterly comparison still showed operating growth. Ameriprise reported adjusted earnings per share of USD 11.07 and revenue of USD 4.90 billion for the second quarter of 2026, according to MarketBeat. Revenue was up 11.60 percent from the same quarter a year earlier, while adjusted earnings per share exceeded the USD 10.81 consensus by USD 0.26.
Price sits below its yearly range
The euro quotation is 2.44 percent above the finance-data low of USD 422.37 only after currency conversion, so the currencies should not be compared directly. On the NYSE, Ameriprise Financial was quoted at USD 486.70 on October 20, 2026 at 3:54 p.m. EDT, up 1.31 percent from the prior close. The primary-exchange 52-week range was USD 422.37 to USD 572.56.
Valuation and October results date
Ameriprise Financial's market capitalization was USD 43.0 billion on October 20, 2026, with a trailing price-to-earnings ratio of 11.73. The company plans to release third-quarter 2026 results at about 8:15 a.m. ET on October 29, 2026 and hold its investor call at about 9:00 a.m. ET, according to Ameriprise Financial.
Comparison with peers
Ameriprise Financial: down 3.93 percent, P/E 11.73, market capitalization USD 43.0 billion.
BlackRock (NYSE, USD): up 0.19 percent, P/E 25.60, market capitalization USD 174.5 billion.
T. Rowe Price (NYSE, USD): up 2.03 percent, P/E 10.23, market capitalization USD 21.8 billion.
What comes next for the stock
The October 29 report will provide the next dated test for revenue, earnings and margins. For investors, the contrast is clear in the numbers: second-quarter revenue rose 11.60 percent year over year, while the latest Morgan Stanley target stands below the prior target.
Ameriprise Financial stock was trading at EUR 432.70 at Lang & Schwarz on October 20, 2026 at 9:48 p.m. CEST, 3.93 percent below the Tradegate close of October 16, 2026 at EUR 450.40. The further course of trading is shown by the continuously updated real-time quote of Ameriprise Financial stock.
Ameriprise Financial at a glance
- Company: Ameriprise Financial, Inc.
- ISIN: US03076C1062
- Ticker: AMP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:48 p.m. CEST): EUR 432.70
- Change versus Tradegate close: minus 3.93 percent
- Tradegate close (October 16, 2026): EUR 450.40
- Market capitalization: USD 43.0 billion (as of October 20, 2026)
- 52-week range: USD 422.37-572.56 (as of October 20, 2026)
- Sector / Industry: Financial Services / Asset Management
- Index membership: S&P 500
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
