Exane BNP Paribas Downgrades WPP to Neutral
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Nicolas Langlet has downgraded WPP (NYSE:WPP) from Outperform to Neutral.
September 20, 2023 | 8:46 am
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NEGATIVE IMPACT
WPP's rating has been downgraded from Outperform to Neutral by Exane BNP Paribas.
Analyst ratings often influence the stock price. A downgrade from Outperform to Neutral suggests that the analyst believes the stock may not outperform the market in the near future. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100