Keefe, Bruyette & Woods Maintains Outperform on Invesco, Lowers Price Target to $19.5-Report Released on 23 January 202
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Robert Lee has maintained an Outperform rating on Invesco (NYSE:IVZ) but lowered the price target from $21 to $19.5.

January 24, 2024 | 3:20 pm
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NEUTRAL IMPACT
Invesco's Outperform rating is maintained by Keefe, Bruyette & Woods, but the price target is reduced from $21 to $19.5.
The maintenance of an Outperform rating suggests a positive outlook on Invesco's performance, indicating analyst confidence in the company's future. However, the reduction in the price target could reflect a reassessment of the company's valuation or expected performance, which might be due to market conditions or company-specific factors. This news is likely to have a neutral short-term impact on Invesco's stock price as the positive sentiment from the Outperform rating could be offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100