BOTTOM LINE: IPG reported 1Q16 earnings with +6.7% organic revenue growth, which was above ours and consensus expectations. Margins were also favorable vs. expectations as the company posted a year-over-year gain of 70bps in the quarter. We continue to rate IPG Buy and maintain our YE2016 price target of $26.
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Brian Wieser is Global President, Business Intelligence for GroupM, WPP’s media investment Group. He is leading GroupM’s thought leadership practice to ensure that WPP’s clients receive actionable marketplace intelligence on markets, audien… read more
