Goldman Sachs Maintains Neutral on Invesco, Lowers Price Target to $16.75
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Neutral rating on Invesco (NYSE:IVZ) and lowers the price target from $17.75 to $16.75.

April 24, 2024 | 1:37 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on Invesco and reduces the price target from $17.75 to $16.75.
The reduction in price target by Goldman Sachs, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Invesco's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100