Citi analyst Christopher Allen raised the firm’s price target on Invesco to $19 from $16 and keeps a Neutral rating on the shares. The analyst increased asset manager price targets across the board, to reflect positive earnings revisions. BlackRock remains the firm’s favorite name among traditionals.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on IVZ:
- Invesco reports preliminary AUM $1.54T as of June 30
- Charles Schwab upgraded, Fox downgraded: Wall Street’s top analyst calls
- Invesco assumed with a Market Perform at BMO Capital
- Invesco High Income Trust II, and Invesco Senior Income Trust Declare Dividends
- Invesco Closed-End Funds Declare Dividends