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Fly News Breaks for February 13, 2018
IVZ
Feb 13, 2018 | 06:10 EDT
Deutsche Bank analyst Brian Bedell upgraded Invesco to Buy while lowering his price target for the shares to $38 from $39. The analyst views the recent pullback in shares as a buying opportunity. Asset manager valuations are now "significantly depressed" relative to better fundamentals, Bedell tells investors in a research note.
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.