BMO Capital upgraded ManpowerGroup (MAN) to Outperform from Market Perform with a $44 price target The firm says the best time to buy the staffing stocks are toward the end of a recession. While the global economy is not there, the staffing sector has been in a recession for some time, the analyst tells investors in a research note. BMO believes ManpowerGroup’s operating trends will improve. It sees an attractive entry point at current share levels.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAN:
- ManpowerGroup Updates Credit Facility and Debt Strategy
- ManpowerGroup price target lowered to $29 from $33 at Goldman Sachs
- ManpowerGroup Highlights Strategy at J.P. Morgan Conference
- ManpowerGroup, Maricopa Community Colleges partner for workforce development
- ManpowerGroup Declares Semi-Annual Dividend Announcement
