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Keefe, Bruyette & Woods Upgrades Invesco Ltd (IVZ) to Outperform; More Attractive Risk/Reward

October 30, 2009 8:46 AM EDT
IVZ Hot Sheet
Rating Summary:
    5 Buy, 3 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Keefe, Bruyette & Woods upgrades Invesco Ltd (NYSE: IVZ) to Outperform, price target $27.00)

Keefe analyst says, "Raise rating to Outperform as we believe the recent pullback in stock offers more attractive risk/reward. Slightly lower 2010 and 2011 EPS estimates as we fine-tuned the expected impact of Van Kampen acquisition but no change to $27 price target."

To see more analyst ratings on IVZ Click Here.


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