Analyst: Holding Company Sentiment Has Gone From ‘Cautiously Optimistic’ To ‘Apathetic,’ IPG To Lead The Group 10/14/2020 – MediaPost Communications

Describing its sentiment for the majoragency holding company stocks it follows as going from "cautiously optimistic" to "apathetic," a major Wall Street equity research team nonetheless projects Interpublic as the best poised company forthe near term among the group.

"We expect IPG to lead the group in organic revenue growth as there are currently no major losses weighing down results (as was the case in 2019), while apotential uptick in media account reviews could be an opportunity for IPG to gain further share in this area (a consistent theme over the past several years of outperformance)," BMO internet and mediaindustry analyst Daniel Salmon writes in a third quarter earnings preview report sent to investors.

The report, entitled "A Group In Transition," raises a number of meaningfulquestions for Interpublic, as well two other holding companies -- Omnicom and WPP -- highlighted in it.

Among the key questions for IPG's management are:

Questions for Omnicom's management include:

Questions for WPP include:

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Analyst: Holding Company Sentiment Has Gone From 'Cautiously Optimistic' To 'Apathetic,' IPG To Lead The Group 10/14/2020 - MediaPost Communications

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