Omnicom Group Reports First Quarter 2017 Results

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Omnicom Group (OMC) PT Lowered to $89 at Wedbush; Reiterates Neutral

April 19, 2017 8:02 AM EDT

Wedbush lowered its price target on Omnicom Group (NYSE: OMC) to $89.00 (from $90.00) while maintaining a Neutral. OMC stuck with its 3-3.5% 2017 organic growth outlook, despite 1Q growth beat and lift from selling laggards.

Excluding a boost from a stock compensation accounting change, Wedbush's 2017... More