Analysts at Piper Jaffray initiated coverage on Invesco Ltd. IVZ with a Overweight rating.
The target price for Invesco is set to $50.
Invesco shares have gained 6.95 percent over the past 52 weeks, while the S&P 500 index has surged 9.43 percent in the same period.
Invesco shares fell 0.03 percent to close at $39.86 yesterday.
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