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Fly News Breaks for March 5, 2020
MAN
Mar 5, 2020 | 09:40 EDT
BMO Capital analyst Jeffrey Silber lowered the firm's price target on ManpowerGroup to $67 from $95 and keeps a Market Perform rating on the shares. The analyst notes that his discussion with the management about the potential impact of the coronavirus has made it prudent to revise his estimates until better visibility can be gleaned from the manufacturing PMI data, which Manpower suggests is tightly correlated with the company's business.
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