Invesco (IVZ) Gets a Hold from Evercore ISI
Evercore ISI analyst Glenn Schorr reiterated a Hold rating on Invesco today and set a price target of $27.00.
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Schorr covers the Financial sector, focusing on stocks such as Invesco, Franklin Resources, and JPMorgan Chase. According to TipRanks, Schorr has an average return of 6.5% and a 55.63% success rate on recommended stocks.
In addition to Evercore ISI, Invesco also received a Hold from TipRanks – OpenAI’s OpenAI Asset Management in a report issued today. However, on the same day, BMO Capital maintained a Buy rating on Invesco (NYSE: IVZ).
Based on Invesco’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.69 billion and a GAAP net loss of $1.06 billion. In comparison, last year the company earned a revenue of $1.59 billion and had a net profit of $268.5 million
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