Goldman Sachs Maintains Neutral on Invesco, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Neutral rating on Invesco (NYSE:IVZ) and raises the price target from $17.75 to $18.
April 02, 2024 | 4:18 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Invesco and raises the price target from $17.75 to $18.
The adjustment in price target by Goldman Sachs suggests a slightly more optimistic outlook on Invesco's stock, but the maintenance of a Neutral rating indicates that the firm does not see significant upside or downside in the near term. This could lead to a neutral short-term impact on the stock as investors digest the implications of the new price target against the backdrop of a maintained Neutral stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100