Invesco upped to Buy at Wells Fargo

|About: Invesco Ltd. (IVZ)|By:, SA News Editor

The stock has stumbled a little bit of late - most recently as star fund manger Neil Woodford announced his exit - but Wells' Chris Harris sees opportunity in the valuation gap with peers, particularly amid the "retail rotation toward high beta."

He's upgrading to Invesco (IVZ) to Buy with $38-$42 price target lifted from $33-$37.