Evercore ISI analyst Glenn Schorr lowered the firm’s price target on Invesco (IVZ) to $29 from $31 and keeps an In Line rating on the shares. The firm adjusted targets in the group after an “early look” at February and Q1 traditional asset manager flows.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IVZ:
- PPH, IHE, PJP: U.S. Pharmaceutical ETFs Offer Investors Innovation and Growth
- Invesco Adds $1 Billion to Share Repurchase Capacity
- Trian boosts stakes in GE Aerospace and GE Healthcare, cuts Invesco stake
- Invesco’s Assets Under Management Climb to $2.23 Trillion on Strong January Inflows
- Invesco reports preliminary AUM $2.23T as of January 31