BMO Capital Reiterates Market Perform on Invesco, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Etienne Ricard has reiterated a Market Perform rating on Invesco (NYSE:IVZ) and lowered the price target from $18 to $17.
April 24, 2024 | 4:06 pm
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BMO Capital has maintained a Market Perform rating on Invesco and reduced the price target from $18 to $17.
The reduction in price target by BMO Capital suggests a less optimistic outlook on Invesco's stock, potentially due to revised earnings expectations or market conditions. This could lead to short-term negative sentiment among investors, impacting the stock price negatively.
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