Barclays Initiates Coverage On Invesco with Equal-Weight Rating, Announces Price Target of $18
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish has initiated coverage on Invesco (NYSE:IVZ) with an Equal-Weight rating and set a price target of $18.

August 27, 2024 | 12:18 pm
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Barclays has initiated coverage on Invesco with an Equal-Weight rating and a price target of $18, indicating a neutral stance on the stock.
The initiation of coverage by Barclays with an Equal-Weight rating suggests a neutral outlook on Invesco's stock. The price target of $18 indicates where Barclays expects the stock to be valued, which may influence investor sentiment but does not suggest a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100