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Fly News Breaks for July 25, 2018
IPG
Jul 25, 2018 | 07:32 EDT
As reported earlier, RBC Capital analyst Steven Cahall upgraded Interpublic Group to Outperform from Sector Perform and raised his price target to $27 from $26. The analyst says the company is showing "credible" growth differentiation from its peers, which deserves a premium multiple. Cahall adds that this is an attractive entry point, considering that the stock has not rallied despite the strong Q2 earnings.
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