JPMorgan lowered the firm’s price target on WPP (WPP) to 480 GBp from 590 GBp and keeps a Neutral rating on the shares. The company issued a profit warning, cutting both Q2 and fiscal 2025 guidance after a weaker than expected June, the analyst tells investors in a research note.
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Read More on WPP:
- WPP price target lowered to 635 GBp from 700 GBp at Morgan Stanley
- WPP price target lowered to 590 GBp from 650 GBp at JPMorgan
- WPP downgraded to Underweight from Equal Weight at Barclays
- WPP falls 3% to $35.74 after Bloomberg report on pharma ad crackdown
- WPP price target lowered to 650 GBp from 730 GBp at JPMorgan