Jefferies Maintains a 'Buy' on Invesco (IVZ); Another Solid Month
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Price: $32.36 +2.60%
Rating Summary:
9 Buy, 16 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
Rating Summary:
9 Buy, 16 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
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Jefferies maintains a 'Buy' on Invesco (NYSE: IVZ) price target of $26.00.
Analyst, Daniel T. Fannon, said, "IVZ reported Aug 31st total AUM of $669.7B, up 1.5% from $659.5B at July 31. Long-term net flows were a solid $2-3B with approx. half of the flows being captured by actively managed funds. The Balanced Risk Fund continues to lead the way, capturing close to $1B this month."
For an analyst ratings summary and ratings history on Invesco click here. For more ratings news on Invesco click here.
Shares of Invesco closed at $24.98 yesterday.
Analyst, Daniel T. Fannon, said, "IVZ reported Aug 31st total AUM of $669.7B, up 1.5% from $659.5B at July 31. Long-term net flows were a solid $2-3B with approx. half of the flows being captured by actively managed funds. The Balanced Risk Fund continues to lead the way, capturing close to $1B this month."
For an analyst ratings summary and ratings history on Invesco click here. For more ratings news on Invesco click here.
Shares of Invesco closed at $24.98 yesterday.
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