MoffettNathanson analyst Michael Nathanson downgraded Interpublic Group to Market Perform from Outperform with a price target of $37, up from $36.
Published first on TheFly
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Read More on IPG:
- Interpublic Group price target raised to $43 from $36 at Wells Fargo
- Interpublic Group board authorizes $350M share repurchase program
- Interpublic Increases Common Stock Dividend for Eleventh Consecutive Year and Announces New Share Repurchase Program
- Interpublic Group board raises quarterly dividend 7% to 31c per share
- Interpublic Group sees 2023 organic revenue growth 2%-4%, consensus $9.67B