12:50 AM EST, 11/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We trim our target price by $55 to $530, valuing AMP at 12x our newly initiated 2027 adjusted EPS estimate of $44.65, and at 12.6x our 2026 EPS estimate of $41.95, versus its one-year average forward multiple of 13.5x and a peer average of 16x. We lift our 2025 EPS estimate by $0.52 to $38.68. Q3 2025 adjusted EPS of $9.87 vs. $8.10 topped our $9.25 estimate and the $9.76 consensus view. Q3 revenue growth of 9% exceeded our forecast, while pretax adjusted operating margins expanded 190 bps to 26% on revenue gains and cost containment. AMP's core Advice & Wealth Management unit delivered mixed results with 9% revenue growth aided by asset recovery, though margins contracted 60 bps to 29.5%. Asset Management headwinds persisted, with net outflows of $5.2B vs. $3.6B a year ago, while adjusted net revenue per advisor grew 10% to $1.1M. Our view is tempered by the mixed fund flow trends, but we view the shares, now trading at 11x our 2026 EPS estimate, as undervalued versus peer and historical averages.