Barclays Maintains Equal-Weight on Interpublic Gr of Cos, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julien Roch has maintained an Equal-Weight rating on Interpublic Group of Companies (IPG) and increased the price target from $35 to $36.
January 29, 2024 | 6:08 pm
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Barclays has maintained an Equal-Weight rating on Interpublic Group of Companies and raised the price target from $35 to $36.
The increase in price target by Barclays reflects a positive outlook on IPG's stock, which may lead to a short-term increase in its stock price. The Equal-Weight rating suggests that the stock is expected to perform in line with the sector or the overall market, but the raised target indicates a slightly more bullish sentiment from the analyst.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100