Expert Ratings For Interpublic Gr of Cos
Portfolio Pulse from Benzinga Insights
Over the past three months, analysts have provided mixed ratings for Interpublic Group of Cos (NYSE: IPG), with recent sentiment shifting towards a more bearish outlook. The average 12-month price target has decreased by 6.38% to $33.0. Analysts from Morgan Stanley, JP Morgan, B of A Securities, and Wells Fargo have all lowered their price targets.
July 22, 2024 | 1:00 pm
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Interpublic Group of Cos (NYSE: IPG) has received mixed analyst ratings over the past three months, with a recent shift towards a more bearish outlook. The average 12-month price target has decreased by 6.38% to $33.0. Analysts from Morgan Stanley, JP Morgan, B of A Securities, and Wells Fargo have all lowered their price targets.
The recent shift in analyst ratings towards a more bearish outlook and the decrease in the average 12-month price target suggest a negative short-term impact on IPG's stock price. The lowering of price targets by major firms like Morgan Stanley, JP Morgan, B of A Securities, and Wells Fargo further supports this view.
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