Barclays Maintains Equal-Weight on Interpublic Gr of Cos, Lowers Price Target to $32.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julien Roch maintains an Equal-Weight rating on Interpublic Group of Companies (NYSE:IPG) but lowers the price target from $34 to $32.5.
October 02, 2024 | 6:20 pm
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Barclays analyst Julien Roch maintains an Equal-Weight rating on Interpublic Group of Companies (IPG) but lowers the price target from $34 to $32.5.
The lowering of the price target by Barclays suggests a less optimistic outlook on IPG's stock performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100