Interpublic Group of Cos. (IPG) Misses Q2 EPS by 7c

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Interpublic Group (IPG) PT Lowered to $26 at BMO Capital on 2Q Reports

July 26, 2017 9:53 AM EDT

BMO Capital lowered its price target on Interpublic Group (NYSE: IPG) to $26.00 (from $27.00) while maintaining a Outperform rating, following the company's second quarter earnings report.

Analyst Daniel Salmon notes the company delivered second quarter earnings per share and revenues results below the Street's... More

RBC Capital Downgrades Interpublic Group (IPG) to Sector Perform

July 26, 2017 5:32 AM EDT

RBC Capital downgraded Interpublic Group (NYSE: IPG) from Outperform to Sector Perform with a price target of $24.00 (from $29.00).

Analyst Steven Cahall comments that Q2 results were "materially below" his expectations and expects the poor performance will increase fears regarding secular pressures. He expects... More