On July 16, Invesco rose 5.17% in regular trading, trading at $30.05 per share, with turnover of $59.79 million. The rally was driven by a wave of price target upgrades from major investment banks over the past week.

Between July 10 and July 15, at least four major banks raised their price targets on Invesco: BMO Capital lifted its target from $31 to $34 while maintaining an Outperform rating; Barclays raised from $26 to $31; Goldman Sachs adjusted from $30 to $31; and Evercore ISI increased from $31 to $32. The consensus analyst rating stands at Overweight with a mean target price of $31.25. The upgrades reflect improving fundamentals, including May assets under management reaching $2.454 trillion, up from $2.339 trillion in April, and RBC projecting $46 billion in long-term net inflows for Q2 at 8-9% annualized organic growth. The company is set to report Q2 earnings on July 28, with consensus EPS expectations of $0.66, representing continued growth from Q1's $0.57.

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