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Fly News Breaks for February 1, 2019
MAN
Feb 1, 2019 | 07:21 EDT
BMO Capital analyst Jeffrey Silber downgraded Manpower to Market Perform and lowered his price target to $81 from $83. The analyst notes that despite yesterday's rally in shares, it may take longer than anticipated to turn around the company's European business. Silber adds that the management does get some credit for its cost reduction efforts, but believes that "there is only so much cost management one can do."
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