UPDATE: Wells Fargo Securities Upgrades Invesco as Fundamentals Have Become Disconnected from Valuation

In a report published Monday, Wells Fargo Securities analyst Christopher Harris upgraded the rating on Invesco (NYSE: IVZ ) from Market Perform to Outperform. In the report, Wells Fargo Securities noted, “Upgrading IVZ to Outperform from Market Perform as we believe fundamentals have become disconnected with valuation. IVZ has not