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Analysts Offer Insights on Communication Services Companies: Omnicom Group (OMC) and Snap (SNAP)

Tipranks - Tipranks - Thu Apr 23, 3:38AM CDT

Analysts fell to the sidelines weighing in on Omnicom Group (OMC) and Snap (SNAP) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Omnicom Group (OMC)

In a report released today, Julien Roch from Barclays maintained a Hold rating on Omnicom Group, with a price target of $90.00. The company’s shares closed last Tuesday at $78.07.

According to TipRanks.com, Roch is ranked #7582 out of 12212 analysts.

Omnicom Group has an analyst consensus of Moderate Buy, with a price target consensus of $98.57.

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Snap (SNAP)

In a report released yesterday, Stephen Ju from UBS maintained a Hold rating on Snap, with a price target of $7.00. The company’s shares closed last Tuesday at $5.64.

According to TipRanks.com, Ju is a 5-star analyst with an average return of 11.0% and a 49.8% success rate. Ju covers the Technology sector, focusing on stocks such as Uber Technologies, Viant Technology, and Unity Software. ;'>

Currently, the analyst consensus on Snap is a Hold with an average price target of $7.93, a 32.9% upside from current levels. In a report issued on April 7, Wells Fargo also maintained a Hold rating on the stock with a $6.00 price target.

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