JP Morgan Maintains Neutral on Invesco, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington maintains a Neutral rating on Invesco (NYSE:IVZ) but raises the price target from $17 to $20.

October 21, 2024 | 2:24 pm
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JP Morgan has maintained a Neutral rating on Invesco but increased the price target from $17 to $20, indicating a positive outlook despite the neutral stance.
The increase in price target from $17 to $20 suggests a positive outlook for Invesco, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100