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Fly News Breaks for September 21, 2015
IVZ
Sep 21, 2015 | 07:49 EDT
Morgan Stanley assumed coverage on Invesco with an Overweight rating from an Equal Weight rating and lowered its price target to $41 from $46. Analyst Michael Cyprys believes Invesco's broad and global product platform positions the company for faster growth versus peers and said the institutional business organic growth is sustainable.
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