Invesco Ltd

IVZ: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$93.00	Rcqj	Svfhxhdlv

Invesco Earnings: Continued Positive Flows Marred by Lower Adjusted Revenue and Profitability

Greggory Warren

Apr 23, 2024

There was little in narrow-moat Invesco's first-quarter results that would alter our long-term view of the firm. We are leaving our $17 per share fair value estimate in place and view the company's shares as being modestly undervalued relative to the April 23 trading price.

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