Invesco Reaches Analyst Target Price
April 04, 2019 at 08:27 AM EDT
In recent trading, shares of Invesco Ltd (IVZ) have crossed above the average analyst 12-month target price of $20.00, changing hands for $20.12/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..