Wells Fargo Upgrades Invesco to Equal Weight, Boosts Price Target to $18

Wells Fargo analyst Michael Brown has upgraded Invesco (IVZ) to Equal Weight from Underweight and increased the price target to $18. The average one-year target price for IVZ is $16.56, with a high estimate of $21 and a low estimate of $14. The company reported $17.6 billion in long-term net asset inflows, an 18% increase in adjusted operating income, and expanded operating margins by over 330 basis points. IVZ also announced a strategic partnership with MassMutual and Barings for private market products.

Wells Fargo analyst Michael Brown has upgraded Invesco (IVZ) to Equal Weight from Underweight, with a new price target of $18. This upgrade comes amid strong performance and strategic developments at Invesco. The average one-year target price for IVZ is $16.56, with a high estimate of $21 and a low estimate of $14 [1].

Invesco reported $17.6 billion in long-term net asset inflows, an 18% increase in adjusted operating income, and expanded operating margins by over 330 basis points. The company also announced a strategic partnership with MassMutual and Barings for private market products [3].

Invesco's assets under management (AUM) reached $2,001.4 billion as of June 30, marking a 3.0% increase from the previous month. The firm's ETFs and Index Strategies segment grew to $546.9 billion, while Fundamental Equities increased to $288.3 billion [3].

The upgrade by Wells Fargo analyst Michael Brown follows Invesco's strong earnings report for Q1 2025, where the company surpassed expectations with an earnings per share (EPS) of $0.44 and revenue of $1.53 billion. The company's total assets under management increased by 11% year-over-year to $1.84 trillion [3].

Invesco's strategic initiatives include utilizing platforms from State Street and Blackrock for its investment platform needs, aiming for a unified global operating model. The company also held its Annual General Meeting, where shareholders approved executive pay and appointed PricewaterhouseCoopers LLP as the independent auditor [3].

References:
[1] https://www.tipranks.com/news/the-fly/invesco-upgraded-to-equal-weight-from-underweight-at-wells-fargo-thefly
[2] https://finance.yahoo.com/news/wells-fargo-raise-dividend-following-150829584.html
[3] https://www.investing.com/news/company-news/invesco-reports-2-trillion-in-assets-under-management-up-3-93CH-4130934