JP Morgan Maintains Neutral on ManpowerGroup, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrew Steinerman maintains a Neutral rating on ManpowerGroup (NYSE:MAN) and raises the price target from $82 to $84.

April 19, 2024 | 12:08 pm
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JP Morgan analyst Andrew Steinerman maintains a Neutral rating on ManpowerGroup and raises the price target from $82 to $84.
The increase in price target by JP Morgan reflects a positive adjustment in their valuation of ManpowerGroup, suggesting an expectation of some upward movement in the stock's price. However, the maintenance of a Neutral rating indicates that the analyst sees limited upside potential or remaining uncertainties that could cap significant gains in the short term. Investors might view this adjustment as a modestly positive signal, potentially leading to a slight increase in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100