UPDATE: Credit Suisse Raises PT to $14 on Interpublic Group, Significant Organic Growth Cited
February 25, 2013 at 10:47 AM EST
Credit Suisse maintained Interpublic Group (NYSE: IPG ) with an Outperform rating and raised the price target from $13.50 to $14.00. Credit Suisse noted, "On lower 2012 base, our 2013 EBIT estimates go to $743m from $778m, on margin of 10.3% vs. prior 10.6%, as we leave intact our organic