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Invesco price target raised to $28 from $26 at Morgan Stanley

Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Invesco (IVZ) to $28 from $26 and keeps an Equal Weight rating on the shares. After Q1 earnings, the firm lowered its 2026 EPS estimate by 7.7% to $2.48 on lower net revenue yield and raised its 2027 estimate 6.5% to $2.97 on higher assets under management from better flows and lower expenses.

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