Omnicom to Acquire Interpublic Group to Create Premier Marketing and Sales Company
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
Macquarie Reiterates Outperform Rating on Omnicom Group (OMC)
December 11, 2024 10:06 AM ESTMacquarie analyst Tim Nollen reiterated an Outperform rating and $120.00 price target on Omnicom Group (NYSE: OMC).
The analyst comments "Omnicom's acquisition of IPG creates a new number-one agency holding company, returning both companies to their former top spots from prior eras, but more importantly, it seeks to further rationalize an industry facing another round of tech investments. If Omnicom's attempted merger with... More
