Barclays Maintains Equal-Weight on Interpublic Gr of Cos, Lowers Price Target to $32
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 $32.5 to $32.
October 23, 2024 | 12:34 pm
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Barclays analyst Julien Roch has maintained an Equal-Weight rating on Interpublic Group of Companies (IPG) but has lowered the price target from $32.5 to $32.
The lowering of the price target by Barclays suggests a slightly negative outlook on IPG's stock performance, which could lead to a short-term decrease in stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100