Morgan Stanley Maintains Equal-Weight on Omnicom Group, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Omnicom Group (NYSE:OMC) but lowered the price target from $100 to $90.
October 16, 2023 | 1:02 pm
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Morgan Stanley has maintained an Equal-Weight rating on Omnicom Group but lowered the price target from $100 to $90.
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 Omnicom Group's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100