Wells Fargo Maintains Underweight on Invesco, Raises Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Brown maintains an Underweight rating on Invesco (NYSE:IVZ) but raises the price target from $16.5 to $17.5.
October 23, 2024 | 2:57 pm
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NEUTRAL IMPACT
Wells Fargo's analyst Michael Brown maintains an Underweight rating on Invesco but raises the price target from $16.5 to $17.5, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100