Jason Bazinet from Citi has upheld a Buy rating for Interpublic Group of Companies, reflecting ongoing confidence in the firm's advertising and marketing services. The stock closed at $28.54, while earnings show a revenue of $2.63 billion and a net profit of $20.1 million for the quarter ended September 30. This marks a decline from the previous year's revenue and profit figures. Analysts from Barclays have also expressed positive sentiment, contrasting with Wells Fargo's Hold rating, showcasing the mixed outlook on the company's market performance.
Citi's Jason Bazinet maintains a Buy rating on Interpublic Group, emphasizing its solid revenue performance despite a dip in net profit compared to last year.
Interpublic Group reported quarterly revenues of $2.63 billion with a net profit of $20.1 million, a decrease from last year's figures.
TipRanks premium provides exclusive insights on company insiders, helping investors make informed decisions based on expert transaction timing.
Despite mixed ratings from analysts, with Citi and Barclays rating 'Buy' and Wells Fargo 'Hold', the company's marketing services remain robust.
Collection
[
|
...
]