Market Overview

UPDATE: Jefferies Raises PT on Invesco Following Management Team Trip

Related IVZ
An ETF To Help Avoid Value Traps
PowerShares Launches 2 New Factor ETFs

In a report published Monday, Jefferies analyst Daniel T. Fannon reiterated a Buy rating on Invesco (NYSE: IVZ), and raised the price target from $37.00 to $39.00.

In the report, Jefferies noted, “Last week we traveled with the management team of Invesco for several days. The outlook for organic growth, revenue yield and operating margin improvement remains positive. Invesco represents one of the few stories in the asset management sector that still has organic margin improvement potential.”

Invesco closed on Friday at $33.52.

Latest Ratings for IVZ

Mar 2017Goldman SachsUpgradesNeutralConviction Buy
Dec 2016Keefe Bruyette & WoodsDowngradesOutperformMarket Perform
Oct 2016Keefe Bruyette & WoodsMaintainsOutperform

View More Analyst Ratings for IVZ
View the Latest Analyst Ratings

Posted-In: Daniel T. Fannon JefferiesAnalyst Color Price Target Analyst Ratings


Related Articles (IVZ)

View Comments and Join the Discussion!