Morgan Stanley Maintains Equal-Weight on Interpublic Gr of Cos, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Interpublic Gr of Cos (NYSE:IPG) but lowered the price target from $42 to $38.
July 24, 2023 | 1:21 pm
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Morgan Stanley has maintained an Equal-Weight rating on Interpublic Gr of Cos but lowered the price target from $42 to $38.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100