B of A Securities Maintains Buy on Interpublic Gr of Cos, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
B of A Securities maintains a Buy rating on Interpublic Group of Companies (NYSE:IPG) but lowers the price target from $38 to $37.
June 25, 2024 | 4:45 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Interpublic Group of Companies (NYSE:IPG) but lowers the price target from $38 to $37.
The maintained Buy rating suggests continued confidence in IPG's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100