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Downgrade Alert for Ameriprise Financial (AMP)
[November 15, 2012]

Downgrade Alert for Ameriprise Financial (AMP)

Nov 15, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Ameriprise Financial (NYSE:AMP) was downgraded from Top Pick to Outperform at RBC Capital today. The stock closed yesterday at $57.58 on volume of 1.6 million shares, above average daily volume of 1.5 million. Ameriprise Financial has overhead space with shares priced $57.58, or 13.2% below the average consensus analyst price target of $66.30. Ameriprise Financial shares have support at the 50-day moving average (MA) of $57.56 and additional support at the 200-day MA of $54.00.

Ameriprise Financial share prices have moved between a 52-week high of $61.04 and a 52-week low of $41.10 and closed yesterday at 40% above that low price at $57.58 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 0.37% higher over the past week, respectively.

Ameriprise Financial, Inc. is a financial planning and services firm. The Company provides financial planning, products and services that are designed to be utilized as solutions for its clients' cash and liquidity, asset accumulation, income, protection, and estate and wealth transfer needs.


SmarTrend recommended that subscribers consider buying shares of Ameriprise Financial on June 19th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $50.31. Since that recommendation, shares of Ameriprise Financial have risen 14.5%. We continue to monitor AMP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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