The Latest Breaking News from Interpublic Group

The Interpublic Group of Companies has significantly underperformed the broader market over the past decade, yet analysts are turning optimistic about the stock’s prospects.

Interpublic Group is set to report its fourth-quarter earnings next month, and analysts expect a slight decline in profit.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.12%. Stocks today are slightly lower with the markets awaiting US inflation news this week...

Omnicom is buying Interpublic Group in a stock-for-stock deal that will create an advertising powerhouse with combined annual revenue of almost $26 billion

As Interpublic Group of Companies underperforms the broader market this year, Wall Street analysts are cautious about the stock’s prospects.

Interpublic Group is expected to release its fiscal third-quarter earnings later this month, and analysts project a profit in line with the year-ago quarter.

The Interpublic Group chief sees opportunities for coming up with ideas and developing interesting tools for clients.

Thanks to rapid digitalization since the onset of the COVID-19 pandemic, the global advertising market has witnessed a significant rise in demand. As such, the latest digital advertising trend should benefit WPP (WPP) and Interpublic Group (IPG). But which of these stocks is a better buy now? Read more to…