Publicis: UBS nudges up TP
(CercleFinance.com) - UBS confirms its 'buy' recommendation on Publicis shares, nudging up its target price for them from E111 to E113, which now represents 11% upside potential for the stock, the day after the communications group's quarterly results.
Publicis unveiled better-than-expected Q2 results and raised its organic growth guidance for 2024 to 5%-6%, which should boost positive investor sentiment, the broker highlights.
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