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via finance.yahoo.comMarkets

J.P. Morgan raises Publicis target to €145 on LiveRamp deal

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- J.P. Morgan raised its price target on advertising agency group Publicis Groupe (EPA:PUBP) by 10% to €145 from €133 to reflect some of the potential benefits of its $2.2 billion LiveRamp acquisition, which it said could prove far more transformational than first…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe higher target on a major advertising group reflects expected benefits from the LiveRamp acquisition.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01J.P. Morgan raises Publicis price target 10% to €145 from €133.
  2. 02The overweight rating is maintained.
  3. 03The new target credits €8 to the $2.2 billion LiveRamp acquisition.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Publicis Groupe S.A.PUB.PAStock101.60 EUR+0.44%today -3.15%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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