Morgan Stanley Maintains Equal-Weight on Invesco, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Invesco (NYSE:IVZ) and increased the price target from $15 to $17.
January 19, 2024 | 8:36 pm
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Morgan Stanley has raised the price target for Invesco from $15 to $17 while maintaining an Equal-Weight rating.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Invesco's stock, which could lead to a short-term increase in its stock price. However, since the rating remains Equal-Weight, the impact may be moderate rather than significant.
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IMPORTANCE 75
RELEVANCE 100