UBS Remains a Hold on Interpublic Group of Companies (IPG)
In a report released today, Adam Berlin from UBS maintained a Hold rating on Interpublic Group of Companies, with a price target of $25.00.
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Berlin covers the Communication Services sector, focusing on stocks such as Interpublic Group of Companies, WPP, and Pearson. According to TipRanks, Berlin has an average return of 10.7% and a 55.34% success rate on recommended stocks.
In a report released today, Barclays also maintained a Hold rating on the stock with a $27.50 price target.
Based on Interpublic Group of Companies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.49 billion and a net profit of $130 million. In comparison, last year the company earned a revenue of $2.63 billion and had a net profit of $20.1 million
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