Goldman Sachs Maintains Neutral on Invesco, Lowers Price Target to $17.75
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Neutral rating on Invesco (NYSE:IVZ) and lowers the price target from $18 to $17.75.
April 11, 2024 | 1:07 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Invesco and reduces the price target to $17.75.
The adjustment in price target by a major analyst like Goldman Sachs, while maintaining a Neutral rating, suggests a minor recalibration of expectations rather than a significant change in the company's outlook. This is likely to have a neutral short-term impact on Invesco's stock price, as the adjustment is minimal and does not change the overall rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100