Keefe, Bruyette & Woods Revises Estimates And Price Target On Ameriprise

According to Keefe, Bruyette & Woods, Ameriprise Financial (NYSE: AMP) estimates and price target are to be revised.

Keefe, Bruyette & Woods said that, “While 1Q earnings were light of our estimate and consensus, there were bright spots in terms of better Columbia flows, continued progress against expense targets, and heavy share repurchases. Revising estimates and price target.”

Ameriprise Financial closed yesterday at $62.06.