Omnicom Group (OMC) Tops Q1 EPS by 3c

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Wedbush Raises Price target on Omnicom Group (OMC) Following 1Q Review

April 20, 2016 9:09 AM EDT

Wedbush reiterated a Neutral rating on Omnicom Group (NYSE: OMC), and raised the price target to $86.00 (from $85.00), following a 1Q review. OMC reaffirmed ~3-3.5% 2016 organic growth outlook, and said it was on track to 2016 margin targets. 1Q EPS was reported at $0.90, ahead of the... More