Citi reinstated coverage of Interpublic Group (IPG) with a Buy rating and $35 price target U.S. tariffs will likely hurt U.S. advertising spending, the analyst tells investors in a research note. The firm thinks this will likely mean that Interpublic Group and Omnicom will have to lower their full-year organic growth guidance for 2025. However, the firm finds both stocks “very compelling” even with the tariff impact.
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