Omnicom Group (OMC) Tops Q3 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- S&P 500, Nasdaq drop as tech megacap declines outweigh upbeat Micron forecast
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
Goldman Sachs Downgrades Omnicom Group (OMC) to Sell
October 22, 2014 6:38 AM EDTGoldman Sachs downgraded Omnicom Group (NYSE: OMC) from Neutral to Sell with a price target of $64.00.
Analyst Drew Borst said, "We think 2015/16 consensus EPS estimates are 4%/9% too high due to a combination of revenue growth, FOREX and operating margins. We see OMCs sector-high European exposure as a liability in the face of weaker macro growth. The EBITA margin is compressing... More
