AllianceBernstein (AB) News Today

Summary for AllianceBernstein Holding L.P. (NYSE:AB)

• Positive Sentiment: Evercore ISI raised its price target for AB from $44 to $46 and reiterated an “outperform” rating, implying roughly 7.2% upside.AB Price Target Raised to $46 by Evercore ISI
• Positive Sentiment: Q2 revenue rose 5.9% year-over-year and the firm achieved a record $829 billion in AUM, with a plan to grow private markets AUM to $90–100 billion by 2027.AllianceBernstein Targets $90B–$100B Private Markets AUM by 2027
• Neutral Sentiment: Barclays raised its price target on AB from $40 to $42 but kept an “equal weight” rating, signaling limited near-term gains.Barclays Raises AB Price Target to $42
• Negative Sentiment: Q2 earnings per share of $0.76 missed the consensus estimate of $0.77 by $0.01, marking a modest EPS shortfall.AllianceBernstein Issues Earnings Results
• Negative Sentiment: The firm trimmed its quarterly dividend by 5% to $0.76 per share following the earnings miss.AllianceBernstein Dividend Declines by 5%

Analyst target upgrades and robust asset growth have supported AB’s shares, but the slight earnings miss and dividend cut have tempered investor enthusiasm.