B. Riley lowered the firm’s price target on Stagwell (STGW) to $7 from $9 and keeps a Buy rating on the shares ahead of the Q4 report on March 10. The firm expects an inline quarter. Riley thinks Stagwell’s client churn reduction continued along with new business growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STGW: