Invesco Reports Results for the Three Months and Year Ended December 31, 2024
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Go back to Invesco Reports Results for the Three Months and Year Ended December 31, 2024
January 28, 2025 4:29 PM EST
Citi analyst Chris Allen raised the price target on Invesco (NYSE: IVZ) to $20.00 (from $18.50) while maintaining a Neutral rating.
The analyst comments "IVZ reacted strongly following 4Q24 results, which were solid with improving flows/margins, and positive outlooks for 2025 relative to... More
January 28, 2025 10:40 AM EST
Goldman Sachs analyst Alexander Blostein reiterated a Neutral rating and $19.00 price target on Invesco (NYSE: IVZ).
The analyst comments "IVZ reported adj. EPS of $0.52, a healthy 11% beat relative to the Street (Visible Alpha Consensus Data) of $0.47 driven by better performance fees, well-managed expenses (which partially benefited from a $13mn insurance recovery), and a slightly lower (80bps) tax rate. Operating income was 8% higher than Consensus expectations of... More
