Macquarie analyst Tim Nollen raised the firm’s price target on Publicis to EUR 116 from EUR 110 and keeps an Outperform rating on the shares. The company’s Q2 revenue growth was led by media buying up double digits, the analyst tells investors in a research note. The firm says Publicis continues to lead advertising agency industry growth.
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Read More on PUBGY:
- Publicis price target raised to EUR 117 from EUR 112 at Morgan Stanley
- Publicis price target raised to EUR 110 from EUR 109 at JPMorgan
- Publicis downgraded to Neutral from Overweight at JPMorgan
- Publicis price target raised to EUR 92 from EUR 85 at Deutsche Bank
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