Bank of Montreal Can Raises Stock Holdings in Ameriprise Financial, Inc. $AMP

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Bank of Montreal Can increased its stake in Ameriprise Financial, Inc. (NYSE:AMP) by 4.3% in the third quarter, bringing its total holdings to 217,593 shares valued at approximately $106.9 million. This move comes as Ameriprise Financial reported strong quarterly earnings, beating analyst expectations with an EPS of $10.83 and revenue of $4.92 billion, and currently carries an average analyst “Hold” rating with a consensus price target of $555.67.

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