Invesco Reports Results for the Three Months and Year Ended December 31, 2024

Go back to Invesco Reports Results for the Three Months and Year Ended December 31, 2024

Invesco (IVZ) PT Raised to $20 at Citi

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

Goldman Sachs Reiterates Neutral Rating on Invesco (IVZ)

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