Baird analyst Mark Marcon lowered the firm’s price target on ManpowerGroup (MAN) to $45 from $50 and keeps an Outperform rating on the shares. The firm updated its model following better Q1 results and guidance and a major restructuring announcement.
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- ManpowerGroup: Solid Core Performance but Margin Pressure and Macro Uncertainty Justify Hold Rating
- ManpowerGroup reports Q1 adjusted EPS 51c, consensus 49c
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