Morgan Stanley Maintains Equal-Weight on Interpublic Gr of Cos, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Interpublic Gr of Cos (NYSE:IPG) and raised the price target from $40 to $42.
July 17, 2023 | 1:58 pm
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Morgan Stanley has maintained an Equal-Weight rating on Interpublic Gr of Cos and raised the price target from $40 to $42.
The news is directly related to Interpublic Gr of Cos (IPG). The maintained Equal-Weight rating indicates that Morgan Stanley believes the stock is fairly valued. However, the raised price target from $40 to $42 suggests that they see potential for the stock price to increase in the short term. This could have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100