Omnicom reinstated with a Buy at Citi

Citi reinstated coverage of Omnicom (OMC) with a Buy rating and $103 price target U.S. tariffs will likely hurt U.S. advertising spending, the analyst tells investors in a research note. The firm thinks this will likely mean that Interpublic Group and Omnicom will have to lower their full-year organic growth guidance for 2025. However, the firm finds both stocks “very compelling” even with the tariff impact.