UBS Maintains Neutral on Invesco, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken maintains a Neutral rating on Invesco (NYSE:IVZ) and raises the price target from $17.5 to $19.
October 22, 2024 | 2:33 pm
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POSITIVE IMPACT
UBS has maintained its Neutral rating on Invesco but increased the price target from $17.5 to $19, indicating a slightly more positive outlook.
The increase in price target from $17.5 to $19 suggests a more optimistic view on Invesco's future performance, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that UBS does not see significant upside potential, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100