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Fly News Breaks for February 1, 2018
IVZ
Feb 1, 2018 | 05:39 EDT
Credit Suisse analyst Craig Siegenthaler last night upgraded Invesco to Outperform while lowering his price target for the shares to $42 from $43. The operating expense reset with yesterday's Q4 results, recent sell-side downgrades, and share price underperformance over the last six months presents an upgrade opportunity and attractive valuation, Siegenthaler tells investors in a research note.
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