ManpowerGroup price target lowered to $80 from $92 at BMO Capital

BMO Capital analyst Jeffrey Silber lowered the firm’s price target on ManpowerGroup to $80 from $92 and keeps a Market Perform rating on the shares after its Q1 earnings miss. The company’s U.S. trends deteriorated, while results in Europe remain challenged despite the firm’s hope that the quarter will bring signs of bottoming, the analyst tells investors in a research note.