TD Cowen analyst William Katz maintains $Invesco (IVZ.US)$ with a buy rating, and adjusts the target price from $19 to $20.5.
According to TipRanks data, the analyst has a success rate of 65.5% and a total average return of 13.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Invesco (IVZ.US)$'s main analysts recently are as follows:
Invesco's net revenue growth saw further improvement, despite persistent pressures on fee rates resulting from changes in the mix, according to an analyst.
Invesco's Q3 earnings surpassing expectations were primarily due to a tax rate that fell short of forecasts. Marginal margin enhancements are anticipated, reaching 33.2% by FY25 and further to 34.8% by 2026. The firm is recognized for its diverse and extensive capabilities. Although Invesco is advancing in reducing its leverage, its debt levels are still considered higher than those of its competitors.
Invesco's third-quarter outcomes aligned with expectations, and commentary was largely positive. However, ongoing fee rate compression is anticipated, and the clarity regarding margin growth remains uncertain.
Note:
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