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Stock Market & Financial Investment News

News Breaks
August 25, 2014
06:44 EDTIVZReport on Invesco not new, says Citigroup
After the Wall Street Journal indicated that a U.K. platform was pulling $1.1B from Invesco and moving it to former Invesco investment manager Neil Woodford, Citgroup thinks that Invesco already accounted for the loss of the platform in post Q2 comments. .Citi does not believe that Woodford is making "widespread" gains at Invesco's expense. Citi keeps a Buy rating on Invesco.
News For IVZ From The Last 14 Days
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June 17, 2015
06:53 EDTIVZAffiliated Managers now top Traditional Asset Manager pick at Citi
Citi replaced Invesco (IVZ) with Affiliated Managers (AMG) as its top pick among Traditional Asset Managers for the second half of 2015. Citi expects a pick up in deal activity to boost AMG's net income growth and valuation. It keeps a Buy rating on the stock with a $270 price target. Invesco remains Buy rating at the firm as well.

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