UBS Maintains Neutral on Invesco, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Neutral rating on Invesco (NYSE:IVZ) and reduced the price target from $18 to $17.
January 29, 2024 | 4:46 pm
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UBS analyst Brennan Hawken has maintained a Neutral rating on Invesco and lowered the price target from $18 to $17.
The reduction in price target by UBS suggests a less optimistic valuation of Invesco's stock, which could lead to a negative perception among investors and potentially a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100