Invesco Ltd. (IVZ) delivered mixed performances against its competitors over a series of trading days. In anticipation of the firm's
Q3 outlook, Wall Street estimated key metrics. Meanwhile, the company disclosed its
Assets Under Management (AUM) for several periods until September 2024. Two financial institutions, Swedbank AB and Cwm LLC, altered their stock holdings. Invesco's stock hit a new 12-month high and also received a
rating upgrade to 'Buy'. Further, Morgan Stanley increased the price target to $17.00. Amid restructuring and dividends announcements, Invesco slated to report Q2 earnings while analysts posed bullish sentiments on its long-term growth and momentum. A $1.6 billion US climate-focused ETF was launched with Finnish funding. Invesco also initiated an Ethereum ETF in conjunction with Galaxy and offered efficient exposure to spot Bitcoin. RBC Capital raised
Invesco's price target, citing expected share buybacks in Q3. Despite facing industry headwinds and threats to the business model, Invesco continued to declare dividends, satisfied AUM expectations and posted Q2 earnings beat with in-line revenue.
Invesco Ltd IVZ News Analytics from Fri, 09 Jun 2023 07:00:00 GMT to Fri, 18 Oct 2024 13:45:02 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -3
