Goldman Sachs Maintains Neutral on Invesco, Raises Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Neutral rating on Invesco (NYSE:IVZ) and raises the price target from $17.25 to $17.5.
October 10, 2024 | 3:04 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained its Neutral rating on Invesco but has slightly increased the price target from $17.25 to $17.5, indicating a modestly positive outlook.
The Neutral rating suggests that Goldman Sachs does not expect significant short-term movement in Invesco's stock price. However, the slight increase in the price target indicates a modestly positive outlook, which could stabilize or slightly uplift investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100