Omnicom Group (OMC) Declares $0.55 Quarterly Dividend; 2.7% Yield

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Omnicom Group (OMC) PT Lowered to $79 at Credit Suisse Ahead of 2Q Report; 'CRM Trends a Key N-T Focus... Broader Digital Headwinds Growing'

July 14, 2017 7:50 AM EDT

Credit Suisse lowered its price target on Omnicom Group (NYSE: OMC) to $79.00 (from $81.00) while maintaining a Neutral rating, ahead of the company's second quarter earnings announcement.

Analyst Omar Sheikh notes a reduction in 2017 and 2018 EPS projections by 1-2% ahead of the second quarter... More