Exane BNP Paribas Downgrades ManpowerGroup to Underperform, Announces $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Andrew Grobler downgraded ManpowerGroup (NYSE:MAN) from Outperform to Underperform and set a price target of $70. This suggests a bearish outlook on the company's stock.
January 05, 2024 | 11:25 am
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ManpowerGroup was downgraded by Exane BNP Paribas from Outperform to Underperform with a new price target of $70, indicating a negative sentiment towards the stock.
Downgrades by analysts can lead to a negative perception among investors and potentially result in a decrease in stock price. The new price target of $70 set by Exane BNP Paribas is likely to influence market sentiment and could result in short-term price movement in line with the downgrade.
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