Interpublic Group of Cos. (IPG) Raises Quarterly Dividend 16.7% to $0.21, 3.8% Yield; Announces $300M Share Repurchase Program

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Go back to Interpublic Group of Cos. (IPG) Raises Quarterly Dividend 16.7% to $0.21, 3.8% Yield; Announces $300M Share Repurchase Program

Interpublic Group (IPG) PT Raised to $27 at BMO Capital; Strong Rebound

February 15, 2018 6:31 AM EST

BMO Capital raised its price target on Interpublic Group (NYSE: IPG) to $27.00 (from $25.00) while maintaining an Outperform rating.

Analyst Dan Salmon commented, "Strong organic growth was driven by Mediabrands and advertising businesses at McCann, FCB, and Deutsch. Management reiterated that 2017 industry trends... More