Interpublic downgraded by Morgan Stanley with a new price target
$IPG
Advertising
Consumer Discretionary
Morgan Stanley downgraded Interpublic from Equal-Weight to Underweight and set a new price target of $28.00 from $34.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $28.00 → $26.00 | Equal Weight → Underweight | Wells Fargo |
| 10/1/2024 | $36.00 → $33.00 | Overweight → Neutral | JP Morgan |
| 9/30/2024 | Neutral → Underperform | Exane BNP Paribas | |
| 9/12/2024 | $34.00 → $29.00 | Neutral → Sell | UBS |
| 7/31/2024 | Buy → Hold | The Benchmark Company | |
| 7/22/2024 | $34.00 → $28.00 | Equal-Weight → Underweight | Morgan Stanley |
| 1/11/2024 | $36.00 | Neutral | UBS |
| 7/24/2023 | $43.00 → $33.00 | Overweight → Equal Weight | Wells Fargo |
Q3 Net Revenue Drives Net Income of $180 Million, Adjusted EBITDA(1) of $510 Million, Net Cash Provided by Operating Activities of $387 Million and Adjusted Free Cash Flow (1) of $327 Million All-Time High Third Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $36 Million Quarterly Return of Capital to Shareholders of $233 Million, Reducing Shares Outstanding by 3.1% Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the third quarter ended September 30, 2024 as summarized below. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO
New York, NY, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on December 16, 2024, to holders of record at the close of business on December 2, 2024. # # # About InterpublicInterpublic (NYSE:IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, Mc
New York, NY, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Total revenue including billable expenses was $2.63 billionRevenue before billable expenses ("net revenue") was $2.24 billion, with organic revenue unchanged from the third quarter of 2023Non-cash goodwill impairment expense of $232.1 million, related to digital specialist agencies and the sale process for R/GA and HugeReported net income was $20.1 millionAdjusted EBITA was $385.8 millionMargin of adjusted EBITA was 17.2% on revenue before billable expensesDiluted earnings per share including goodwill charge was $0.05 as reported and $0.70 as adjusted Philippe Krakowsky, CEO of Interpublic: "Net revenue
Barclays analyst Julien Roch maintains Interpublic Gr of Cos (NYSE:IPG) with a Equal-Weight and lowers the price target from $35 to $34.
Macquarie analyst Tim Nollen maintains Interpublic Gr of Cos (NYSE:IPG) with a Neutral and lowers the price target from $33 to $31.
Interpublic Gr of Cos (NYSE:IPG) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.59 by 3.39 percent. The company reported quarterly sales of $2.327 billion which missed the analyst consensus estimate of $2.329 billion by 0.10 percent. This is a 0.09 percent decrease over sales of $2.329 billion the same period last year.
SC 13G/A - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Subject)
SC 13G/A - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Subject)
SC 13G/A - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Subject)
8-K - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Filer)
10-Q - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Filer)
8-K - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Filer)
New national campaign asks people to help lower the price wildlife pay for biodiversity loss and climate change. TORONTO, Sept. 27, 2024 /CNW/ - Wildlife is paying the price for biodiversity loss and climate change. But dropping species populations, reductions in habitat and rising temperatures are not a done deal if we act now. That's the message of World Wildlife Fund Canada's new national campaign: Save Big. Created with agency MRM, Save Big borrows the hard-hitting copy and design style of retail to tap into our fear of missing out (FOMO) and rouse the sense of urgency needed to recover wildlife, fight climate change and get our future back on track. Catchy
New York, NY, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today the appointment of Alex Hesz as the company's Chief Strategy Officer. Hesz will collaborate closely with Interpublic's leadership team on the company's strategic priorities, including the company's go-to-market positioning and its integrated work with global clients. "Alex is an exceptional strategist who sees what's next and will help both our clients and Interpublic harness change to drive outstanding performance. He'll be invaluable in driving our company's strategic initiatives forward as we continue to evolve and grow. An area of long-standing focus for us is the intersection of media, t
Chief Financial Officer at IPG Brings Extensive Financial and Advertising Industry Expertise to the Board Nexstar Media Group, Inc. (NASDAQ:NXST) today announced the appointment of Ellen Johnson to its Board of Directors effective October 1, 2024. Ms. Johnson will serve as an independent director and will stand for election at the 2025 annual meeting of stockholders. Following her appointment, Nexstar will have 10 Board members, 9 of whom are independent and three of whom are women. Ms. Johnson currently serves as Executive Vice President, Chief Financial Officer of Interpublic Group of Companies (NYSE:IPG), one of the world's leading providers of marketing and advertising solutions. In
4 - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Issuer)
4 - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Issuer)
4 - INTERPUBLIC GROUP OF COMPANIES, INC. (0000051644) (Issuer)
Wells Fargo downgraded Interpublic from Equal Weight to Underweight and set a new price target of $26.00 from $28.00 previously
JP Morgan downgraded Interpublic from Overweight to Neutral and set a new price target of $33.00 from $36.00 previously
Exane BNP Paribas downgraded Interpublic from Neutral to Underperform
Interpublic Secures 18 Wins Across Categories IW Group Recognized as the Most Awarded Agency New York, NY, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) was honored with an impressive 18 awards, more than any other holding company, at the ANA Multicultural Excellence Awards, which showcase work that makes a difference and celebrates the teams who are leading the charge in establishing an unwavering, authentic commitment to effectively include and engage with diverse, multicultural audiences. IW Group, the fully integrated communications and experiential marketing agency with a focus on multicultural and multi-generational markets, emerged as the most awarded agency, s
BOSTON, Nov. 21, 2024 /PRNewswire/ -- Jack Morton, a leading global brand experience agency, today reported its latest findings from its global research program, Experience Better/Insights. The new report reveals a significant shift in consumer sentiments with the arrival of ChatGPT as a disruptive player in the creative and marketing services industry. This marks a pivotal moment in the relationship between brands and consumers across the globe. The study builds upon the first half of research released earlier this fall. Data shows that more than 50% of consumers say they will no longer trust a brand that doesn't live up to its promises. One-quarter of consumers worldwide take it to a plac
Q3 Net Revenue Drives Net Income of $180 Million, Adjusted EBITDA(1) of $510 Million, Net Cash Provided by Operating Activities of $387 Million and Adjusted Free Cash Flow (1) of $327 Million All-Time High Third Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $36 Million Quarterly Return of Capital to Shareholders of $233 Million, Reducing Shares Outstanding by 3.1% Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the third quarter ended September 30, 2024 as summarized below. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO