Wells Fargo Maintains Equal-Weight on Omnicom Group, Raises Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Equal-Weight rating on Omnicom Group (OMC) and increased the price target from $85 to $91.
February 07, 2024 | 3:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Omnicom Group and raised the price target from $85 to $91.
The increase in price target by Wells Fargo suggests a positive outlook on Omnicom Group's stock, potentially leading to short-term price appreciation. The maintenance of an Equal-Weight rating indicates a neutral long-term view, but the raised target is a bullish signal for the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100