The adjustment of the price target by Morgan Stanley reflects a nuanced view on Invesco's future performance. While the Equal-Weight rating suggests that the stock is expected to perform in line with the sector or overall market, the reduction in the price target could imply that the analyst sees less growth potential or higher risks than previously thought. This news is likely to be taken as a moderately negative signal by the market, but since the rating was not downgraded, the impact may be muted.