Invesco
Ltd. (NYSE:IVZ) dropped 4.48% to $22.16. Invesco Ltd. And
Morgan Stanley announced the pricing of 30,891,439 shares of Invesco’s common
stock held by an affiliate of Morgan Stanley. The underwriter has agreed to
purchase the Invesco common stock from the selling stockholder at a price of
$21.48 per share, which will result in $664 million of proceeds to the selling
stockholder.
The 52-week range of the stock is $16.37-$24.38.
Las
Vegas Sands Corp. (NYSE:LVS) went down 4.15% to $49.95. An
analyst at UBS downgraded Las Vegas Sands from Buy to Neutral this morning.
The median Wall Street price target on the stock is $49
and the high target is set at $56 with majority of analysts have a Buy rating
on the company`s stock. The stock has the 50- Day Moving Average and 200-Day
Moving Average prices of $39.81 and $29.62 respectively.
Cisco
Systems, Inc. (NASDAQ:CSCO) slid 0.08% to $24.33. The
company will announce its financial results for the first quarter after the
market closes today.
On average, 37 analysts polled by Thomson Reuters expect
the company to post earnings of $0.40 per share, with estimates ranging between
$0.38 and $0.43 per share. Analysts also look for revenues of $10.74 billion in
the quarter.
Pfizer
Inc. (NYSE:PFE) lost 1.41% to $16.75 on over 30.41 million
shares. Over the past 52-week, the stock traded within the range of $14-$20.36.
The median Wall Street price target on the stock is $21
and the high target is set at $30 with majority of analysts have a Buy rating
on the company`s stock. The stock has the 50- Day Moving Average and 200-Day
Moving Average prices of $17.39 and $16.14 respectively.
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