By: Benzinga
UPDATE: J.P. Morgan Upgrades Invesco Ltd. to Overweight on Expected Focus Shift
In a report published Tuesday, J.P. Morgan analyst Kenneth B. Worthington upgraded the rating on Invesco Ltd. (NYSE: IVZ ) from Neutral to Overweight, and raised the price target from $31.00 to $34.00. In the report, Worthington noted, “We had exited the recommendation earlier this year as the stock seemed
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