AB Announces June 30, 2024 Assets Under Management

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TD Cowen Reiterates Buy Rating on AllianceBernstein (AB)

July 11, 2024 7:38 AM EDT

TD Cowen analyst Bill Katz reiterated a Buy rating and $37.00 price target on AllianceBernstein (NYSE: AB).

The analyst commented, "Post 7/10 market close, AB reported $768B 6/30 AUM, up 150 bps M/M, but 90 bps below model. Underlying trends across asset classes and distribution... More