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Fly News Breaks for December 18, 2015
IPG
Dec 18, 2015 | 08:06 EDT
As previously reported, Morgan Stanley analyst Benjamin Swinburne upgraded Interpublic Group to Overweight from Equal Weight and $27 price target on shares. Swinburne believes Interpublic Group can see 10% EBITDA growth in 2016 driven by agency organic revenue growth, revenue tailwinds from net new media business wins, and unique operating leverage.
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