Analyst Ends Decade-Long Recommendation For Interpublic, Downgrades To 'Market Perform'

A top Wall Street analyst has ended a decade-long "outperform" rating for Interpublic, downgrading it to "market perform," the same rating currently bestowed on other publicly traded agency holding companies.

"This downgrade brings a decade-plus recommendation to a close," BMO Capital Markets' Daniel Salmon said in a note sent to …

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