Morgan Stanley Reiterates Equal-Weight on Invesco, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has reiterated an Equal-Weight rating on Invesco (NYSE:IVZ) and maintained a $17 price target.

July 27, 2023 | 4:37 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Invesco and maintained a $17 price target.
The news is directly about Invesco and its rating by Morgan Stanley. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at its current price, hence the neutral score. The maintained price target indicates that the analyst doesn't expect significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100