Invesco could be on the verge of a “game changer,” according to TD Cowen. TD Cowen upgraded the investment management stock to buy from hold and raised its price target to $25 per share from $17.50. The firm’s forecast implies about 26% upside from Friday’s close. Analyst Bill Katz pointed to Invesco’s recent Securities and Exchange…
Here are some of the names making big moves in midday trading. Talen Energy – Shares popped more than 23%. Talen said that it has signed agreements to acquire Moxie Freedom Energy Center in Pennsylvania and the Guernsey Power Station in Ohio – a pair of combined-cycle gas-fired plants. The deal comes out to $3.5…
Fresh all-time highs for the stock market could be in the cards after May’s strong performance. They won’t come immediately, however. The S & P 500 surged 6.2% last month, marking its biggest monthly advance since November 2023. The Nasdaq Composite also roared nearly 10% higher in that time. The advances left the S &…
