TD Cowen Reiterates Buy Rating on Invesco (IVZ)

TD Cowen analyst Bill Katz reiterated a Buy rating and $20.50 price target on Invesco (NYSE: IVZ).

The analyst commented, "We raise our '24-25 adj. EPS modestly following 3Q beat (see 10/22) and post Q CC. We remain encouraged on flow dynamics, "core" operating leverage, & ongoing B/S improvement against uncertainty around Alpha Gen onboarding costs - though we think we took a heavy hand to '25E, yet still remain at/above consensus. Call us for our expanded model. Affirm Buy."

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 $18.04 yesterday.

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