Morgan Stanley Maintains Equal-Weight on Invesco, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Invesco (NYSE:IVZ) and lowered the price target from $17 to $16.
October 06, 2023 | 2:49 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Invesco and lowered the price target from $17 to $16.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Invesco's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100