AllianceBernstein has fallen out of favor with one group of analysts , reports Localized USA.

Specifically, Sanford C. Bernstein investment analysts downgraded the firm to an "underperform" on Monday.

Last November, Zacks Investment Research upgraded AllianceBernstein stocks to a "neutral" from "underperform on a note issued November 23, while Sandler O'Neill analysts also upgraded the firm's stocks from "sell" to "hold" on a November 18 note. 

Edited by: HFD


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