UPDATE: Jefferies Reiterates Raises PT on Invesco Following Management Team Trip
June 17, 2013 at 09:20 AM EDT
In a report published Monday, Jefferies analyst Daniel T. Fannon reiterated a Buy rating on Invesco (NYSE: IVZ ), and raised the price target from $37.00 to $39.00. In the report, Jefferies noted, “Last week we traveled with the management team of Invesco for several days. The outlook for organic growth,