Wells Fargo analyst Steven Cahall upgrades Interpublic Gr of Cos (NYSE:IPG) from Equal-Weight to Overweight and lowers the price target from $40 to $33.
If history is any guide, there may be trouble ahead for shares of Interpublic Gr of Cos (NYSE:IPG). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.