Citigroup Maintains Neutral on Invesco, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has maintained a Neutral rating on Invesco (NYSE:IVZ) and raised the price target from $16 to $19.

July 14, 2023 | 3:42 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Invesco and raised the price target from $16 to $19.
The news is directly about Invesco and is likely to impact its stock price. However, as the rating is Neutral, the impact on the stock price is not expected to be significant in the short term. The increase in price target may have a positive effect, but it's not clear enough to predict a definite upward movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100