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Omnicom price target raised to $121 from $110 at Barclays

Barclays raised the firm’s price target on Omnicom to $121 from $110 and keeps an Overweight rating on the shares. The company’s Q3 results were better and management sounded “extremely confident” both on Q4 and on fiscal 2025, the analyst tells investors in a research note. The firm argues the shares are “too cheap.”

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