Goldman Sachs Bumps Numbers on Omnicom Group (OMC) Higher Following Q1
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Price: $87.54 +0.54%
Rating Summary:
8 Buy, 19 Hold, 3 Sell
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Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
8 Buy, 19 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs bumped its price target and estimates on Omnicom Group (NYSE: OMC) higher following better-than-expected Q1 results, but kept its Neutral rating. The firm highlighted solid organic growth and margins
Goldman raised 2012/2013/2014 EPS estimates by 0.01%-1.0% to $3.70/$4.15/$4.50 from $3.66/$4.13/$4.48 on increased estimates for organic revenue growth and margin. The price target goes from $51.50 to $52.
For an analyst ratings summary and ratings history on Omnicom Group click here. For more ratings news on Omnicom Group click here.
Shares of Omnicom Group closed at $48.64 yesterday.
Goldman raised 2012/2013/2014 EPS estimates by 0.01%-1.0% to $3.70/$4.15/$4.50 from $3.66/$4.13/$4.48 on increased estimates for organic revenue growth and margin. The price target goes from $51.50 to $52.
For an analyst ratings summary and ratings history on Omnicom Group click here. For more ratings news on Omnicom Group click here.
Shares of Omnicom Group closed at $48.64 yesterday.
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