On Oct 23, major Wall Street analysts update their ratings for $Invesco (IVZ.US)$, with price targets ranging from $17.5 to $22.
BofA Securities analyst Craig Siegenthaler maintains with a hold rating, and sets the target price at $22.
Barclays analyst Benjamin Budish maintains with a hold rating, and adjusts the target price from $18 to $19.
Wells Fargo analyst Michael Brown maintains with a sell rating, and adjusts the target price from $16.5 to $17.5.
Evercore analyst Glenn Schorr maintains with a hold rating, and adjusts the target price from $18 to $19.
TD Cowen analyst William Katz maintains with a buy rating, and adjusts the target price from $19 to $20.5.
Furthermore, according to the comprehensive report, the opinions of $Invesco (IVZ.US)$'s main analysts recently are as follows:
Invesco has continued to experience an improvement in net revenue growth, despite persistent challenges with fee rates due to a shift in mix, as noted by an analyst.
The company's Q3 earnings surpassed expectations primarily due to a tax rate that was lower than anticipated. Analysts observe a continued modest improvement in margins, anticipating an increase to 33.2% in FY25 and further to 34.8% in 2026. The company's diversified and broad capabilities are viewed positively, and while there has been progress in reducing leverage, it is noted that the company's leverage still stands above that of its competitors.
The firm observed that Q3 results align with expectations and the commentary was generally positive. However, it was noted that the trend of fee rate compression is likely to persist and the prospects for margin expansion appear unclear.
Here are the latest investment ratings and price targets for $Invesco (IVZ.US)$ from 6 analysts:
Note:
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