Goldman Sachs Maintains Neutral on Invesco, Raises Price Target to $19.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Neutral rating on Invesco (NYSE:IVZ) but raises the price target from $17.5 to $19.5.

October 23, 2024 | 3:34 pm
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POSITIVE IMPACT
Goldman Sachs has maintained its Neutral rating on Invesco but increased the price target from $17.5 to $19.5, indicating a positive outlook.
The increase in price target from $17.5 to $19.5 by Goldman Sachs 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