B of A Securities Maintains Buy on Interpublic Gr of Cos, Lowers Price Target to $42
Portfolio Pulse from jenniferd'souza@benzinga.com
B of A Securities analyst Adrien de Saint Hilaire maintains a 'Buy' rating on Interpublic Gr of Cos (NYSE:IPG) but lowers the price target from $44 to $42.
July 24, 2023 | 4:31 pm
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NEUTRAL IMPACT
Interpublic Gr of Cos's price target has been lowered from $44 to $42 by B of A Securities, though the 'Buy' rating is maintained.
The news is directly about Interpublic Gr of Cos (IPG). The lowering of the price target might indicate a potential decrease in the stock's value, but the maintained 'Buy' rating suggests that the analyst still sees potential for growth. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100