ManpowerGroup upgraded to Equal Weight from Underweight at Barclays

Barclays analyst Manav Patnaik upgraded ManpowerGroup (MAN) to Equal Weight from Underweight with a price target of $50, down from $55. The firm sees a “still challenging” Q1 and Q2 for the staffing group despite more than two years of organic declines. Tariffs could further delay a recovery and visibility remains “extremely low,” the analyst tells investors in a research note. Barclays adjusted its and rating and forecasts and sees “no inflection in 2025.”