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Fly News Breaks for August 17, 2015
IVZ
Aug 17, 2015 | 07:18 EDT
After meeting with Invesco's CEO, Wells Fargo is upbeat about the company's outlook, particularly in the areas of flows and margins. The firm says that Invesco is one of the least expensive stocks in asset management despite its "top-tier flow and income growth story." Wells keeps an Outperform rating on the shares.
News For IVZ From the Last 2 Days
IVZ
Apr 24, 2024 | 09:09 EDT
Deutsche Bank analyst Brian Bedell lowered the firm's price target on Invesco to $15 from $17 and keeps a Hold rating on the shares. The company reported a "difficult" Q1 with pressure on fee rates and margins, the analyst tells investors in a research note.
IVZ
Apr 24, 2024 | 07:28 EDT
TD Cowen lowered the firm's price target on Invesco to $19.50 from $21 and keeps a Buy rating on the shares. The firm said its Q1 report did little to alter the narrative that they can not generate meaningful operating/EPS leverage even as AUM climbs; though Cowen thinks related headwinds should further abate into 2H 2024/2025.
IVZ
Apr 24, 2024 | 04:26 EDT
IVZ
Apr 23, 2024 | 07:10 EDT
