Credit Suisse Starts Interpublic Group (IPG) at Outperform

September 15, 2016 7:35 AM EDT
Get Alerts IPG Hot Sheet
Price: $22.37 -1.41%

Rating Summary:
    16 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 27 | New: 7
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Credit Suisse initiates coverage on Interpublic Group (NYSE: IPG) with a Outperform rating and a price target of $27.00.

Analyst Omar Sheikh commented, "We believe the company can grow revenue 3.5% pa and EPS by 12% pa in 2015-2020, driven by core advertising agencies and modest margins expansion."

For an analyst ratings summary and ratings history on Interpublic Group click here. For more ratings news on Interpublic Group click here.

Shares of Interpublic Group closed at $22.23 yesterday.

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