Nomura Securities Starts Interpublic Group (IPG) at Buy; M&A Optionality

Go back to Nomura Securities Starts Interpublic Group (IPG) at Buy; M&A Optionality

Nomura Securities Starts Omnicom Group (OMC) at Neutral

August 28, 2014 7:09 AM EDT

Nomura Securities initiates coverage on Omnicom Group (NYSE: OMC) with a Neutral rating and a price target of $77.00.

Analysts Anthony DiClemente, William Mairs, and others commented, "We like its business model, which consistently delivers peer-leading organic growth and cash returns (we forecast USD 1bn... More