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Fly News Breaks for November 21, 2019
Nov 21, 2019 | 18:51 EDT
Jefferies analyst Hamzah Mazari initiated coverage of ManpowerGroup with a Hold rating and $96 price target. The analyst is concerned that the company's assumptions of operating leverage at mid single digits and organic growth would have to require an acceleration in Southern Europe. Mazari added that while the visibility on the employment cycle uplift in Europe is limited, ManPower may be a "hidden beneficiary" of the China trade deal.
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