Forsta AP Fonden and
Norden Group LLC have both acquired significant shares of
The Interpublic Group of Companies, Inc. (NYSE:IPG), despite a 22% loss experienced by Investors over the previous year. However, the general price target for the company's shares has been reduced to $36.00 by
JPMorgan Chase & Co. As for
investor activities,
Empowered Funds LLC and
Nordea Investment Management AB utilized recent market dynamics to bolster their positions in IPG.
BI Asset Management Fondsmaeglerselskab A S and
Allspring Global Investments Holdings LLC sold significant portions of their IPG shares. Meanwhile, IPG released its Q4 2023
Earnings Call Transcript.
Analysts provide a general
'hold' recommendation for the organization. Based on first-quarter results and the Q1 2024 Earnings Call transcript, IPG might explore a sale of its digital marketing agency to consulting giant TCS.
Diversified Trust Co has expanded its stake, while
Van ECK Associates Corp maintain a $4.39 million position. Additionally, IPG has been sued over alleged
misappropriation of ID data, further igniting the conversation over the declining profits in Q3.
The Interpublic Group of Companies IPG News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 14 Jul 2024 17:43:17 GMT -
Rating -1
- Innovation -2
- Information 4
- Rumor -5
