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Enter Symbol:
Rating: IVR

Invesco Mortgage Capital (NYSE: IVR) downgraded to Equal-Weight by Morgan Stanley

Wednesday,  Oct 2, 2013  8:25 AM ET by Betsy O'Brien Harrison

Morgan Stanley downgraded Invesco Mortgage Capital (NYSE: IVR) to Equal-Weight.
Previously Morgan Stanley downgraded to Invesco Mortgage Capital (NYSE: IVR) to Overweight on 10/04/2012, when the stock price was $20.70.

Invesco Mortgage Capital Inc., formerly Invesco Agency Securities Inc., is focused on investing in financing and managing residential and commercial mortgage-backed securities and mortgage loans. The Company seeks to invest in residential mortgage-backed securities (RMBS), for which a United States Government Agency, such as the Government National Mortgage Association (Ginnie Mae), or a federally chartered corporation, such as the Federal National Mortgage Association (Fannie Mae), or the Federal Home Loan Mortgage Corporation (Freddie Mac), guarantees payments of principal and interest on the securities. The Company also expect to invest in RMBS that are not issued or guaranteed by a United States Government agency, or non-Agency RMBS, commercial mortgage-backed securities (CMBS), and residential and commercial mortgage loans. The Company would be externally managed by Invesco Institutional (N.A.), Inc.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.

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