Jefferies Starts Interpublic Group (IPG) at Underperform, Sees Risks
Tweet
Share
E-mailGet Alerts IPG Hot Sheet
Price: $24.57 --0%
Rating Summary:
11 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 33 | Down: 45 | New: 4
Rating Summary:
11 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 33 | Down: 45 | New: 4
Join SI Premium – FREE
Jefferies initiates coverage on Interpublic Group (NYSE: IPG) with a Underperform rating and $9 price target.
The firm said the current stock price implies a flawless execution of the 2014 turnaround plan which will be difficult due to the macro backdrop in the US and Europe, where the company generates over three-quarters of sales.
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 $10.45 yesterday.
The firm said the current stock price implies a flawless execution of the 2014 turnaround plan which will be difficult due to the macro backdrop in the US and Europe, where the company generates over three-quarters of sales.
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 $10.45 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies Downgrades Ibstock Plc. (IBST:LN) (IBJHF) to Hold
- JPMorgan Resumes Resideo Technologies (REZI) at Neutral
- Morgan Stanley Starts Csquare Inc (CSQR) at Overweight
Create E-mail Alert Related Categories
New CoverageRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
