Invesco (IVZ) Organic Growth Continues to Impress - Jefferies

Jefferies reiterated its Buy rating and raised its price target on Invesco (NYSE: IVZ) from $37 to $39 Monday following travels with the management team.

"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," analyst Daniel T. Fannon notes. "Invesco represents one of the few stories in the asset management sector that still has organic margin improvement potential."

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 $33.52 yesterday.

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