Invesco Ltd

IVZ: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$28.00	Bfvmwq	Vprhxcmz

Invesco Earnings: Return to Inflows Marred by Lower Adjusted Operating Income Year Over Year

Greggory Warren

Oct 24, 2023

While there was little in narrow-moat-rated Invesco's third-quarter results that would alter our long-term view of the firm, we expect to reduce our $16 fair value estimate slightly once we've incorporated the results into our valuation. We view the shares as being modestly undervalued.

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