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.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio