Omnicom Group (OMC) Tops Q3 EPS by 3c, Slight Beat on Revenues

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Omnicom Group (OMC) PT Raised to $77 at RBC Capital

October 17, 2018 7:54 AM EDT

RBC Capital analyst Steven Cahall raised the price target on Omnicom Group (NYSE: OMC) to $77.00 (from $75.00) while maintaining a Sector Perform rating.

While results were in-line, Cahall said the shares squeezed higher as actions on divestitures + restructuring + new business improve the 2019 outlook.... More