AllianceBernstein (NYSE:AB – Get Rating) announced its quarterly earnings results on Thursday. The asset manager reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03, Briefing.com reports. The business had revenue of $832.60 million during the quarter, compared to analysts’ expectations of $891.82 million. AllianceBernstein had a return on […]
AllianceBernstein Holding L.P. (NYSE:AB – Get Rating) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 514,200 shares, a decrease of 12.0% from the March 15th total of 584,100 shares. Based on an average trading volume of 287,800 shares, the days-to-cover ratio is […]
AllianceBernstein (NYSE:AB – Get Rating) had its price target cut by Evercore ISI from $44.00 to $38.00 in a research note published on Thursday, Benzinga reports. They currently have an outperform rating on the asset manager’s stock. Several other brokerages also recently weighed in on AB. Credit Suisse Group upgraded shares of AllianceBernstein from a […]
AllianceBernstein (NYSE:AB – Get Rating) had its price objective trimmed by Evercore ISI from $44.00 to $38.00 in a research note released on Thursday, Benzinga reports. The firm currently has an outperform rating on the asset manager’s stock. Other equities analysts have also issued research reports about the company. StockNews.com assumed coverage on AllianceBernstein in […]
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