Morgan Stanley raised the firm’s price target on WPP to 800 GBp from 790 GBp and keeps an Equal Weight rating on the shares.
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Read More on WPP:
- WPP sees FY24 LFL revenue less pass-through costs growth of 0-1%
- WPP sees FY24 operating profit margin 14.8%, equivalent to 15.0%
- WPP boosts medium term growth in revenue less pass-through costs view
- WPP price target lowered to 1,000 GBp from 1,050 GBp at Barclays
- WPP price target raised to 790 GBp from 715 GBp at Morgan Stanley