B of A Securities Maintains Buy on Interpublic Gr of Cos, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Interpublic Group of Companies (NYSE:IPG) but has slightly lowered the price target from $36 to $35.
September 05, 2024 | 4:11 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Interpublic Group of Companies (IPG) but has slightly lowered the price target from $36 to $35.
The maintenance of a Buy rating suggests continued confidence in IPG's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100