Wells Fargo Maintains Equal-Weight on Interpublic Gr of Cos, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Equal-Weight rating on Interpublic Gr of Cos (NYSE:IPG) and lowered the price target from $33 to $31.
October 23, 2023 | 12:38 pm
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NEGATIVE IMPACT
Interpublic Gr of Cos's price target has been lowered from $33 to $31 by Wells Fargo, while maintaining an Equal-Weight rating.
The lowering of the price target by Wells Fargo 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