RBC Capital Upgrades Invesco (IVZ) to Outperform

RBC Capital analyst Kenneth Lee upgraded Invesco (NYSE: IVZ) from Sector Perform to Outperform with a price target of $35.00 (from $25.00).

The analyst comments "We are upgrading our rating on IVZ shares to Outperform (from Sector Perform previously), largely predicated on improved organic growth outlook and potential incremental margin expansion (to 37%-38% in 2026/2027) due to operating leverage, as we factor in potential earnings accretion from the recent QQQ ETF re-classification, and thus its inclusion into fee-generating AUM, into our estimates. Our updated EPS estimates factor in updated market assumptions for 4Q; IVZ reports 4Q earnings on January 27. Revising PT to $35 (from $25 previously)."

For an analyst ratings summary and ratings history on Invesco click here. For more ratings news on Invesco click here.

Shares of Invesco closed at $27.91 yesterday.

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