Morgan Stanley Maintains Equal-Weight on Invesco, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys maintains an Equal-Weight rating on Invesco (NYSE:IVZ) and raises the price target from $16 to $17.
October 18, 2024 | 1:09 pm
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Morgan Stanley analyst Michael Cyprys maintains an Equal-Weight rating on Invesco and raises the price target from $16 to $17.
The increase in price target from $16 to $17 by Morgan Stanley suggests a positive outlook for Invesco, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100