2347 GMT - AMP's underlying business is beginning to show signs of stabilizing amid a so-called simplification spree by management, Macquarie analysts say. However, the analysts say they "need a longer track record of execution before becoming more bullish on the stock." Macquarie's target on AMP goes to A$1.70 from A$1.34, but it keeps a neutral rating on the stock. AMP is down 1.5% at A$1.62. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
January 08, 2025 18:47 ET (23:47 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。