Invesco price target raised to $16 from $14 at RBC Capital

RBC Capital raised the firm’s price target on Invesco to $16 from $14 and keeps a Sector Perform rating on the shares ahead of its Q4 results. The firm continues to favor the company’s diversified investment capabilities, but while its management is focused on de-levering, leverage remains higher than peers, the analyst tells investors in a research note.