ManpowerGroup price target lowered to $70 from $74 at Truist

Truist lowered the firm’s price target on ManpowerGroup (MAN) to $70 from $74 and keeps a Hold rating on the shares after its Q4 results and below-consensus Q1 outlook. The firm continues to expect staffing demand to begin improving in mid-2025, but remains Hold-rated as dollar strength should continue to be a headwind and estimates could have further downside if France increases taxes, the analyst tells investors in a research note.