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ManpowerGroup price target lowered to $68 from $78 at BMO Capital

ManpowerGroup price target lowered to $68 from $78 at BMO Capital

BMO Capital analyst Jeffrey Silber lowered the firm’s price target on ManpowerGroup (MAN) to $68 from $78 and keeps a Market Perform rating on the shares. The firm is reducing its estimates as FX rates have moved against the company while many European economic indicators have also weakened, the analyst tells investors in a research note. BMO is cutting its FY25 EPS view by 6c to $4.50 and its FY26 view by 45c to $4.19.

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