Omnicom dips as BofA downgrades to 'underperform'
** Advertising firm Omnicom's OMC.N shares fall 2.2% to $79.50 premarket ** BofA Global Research downgrades stock to "underperform" from "neutral"; cuts PT to $77 from $87 ** New PT implies a 5.3% downside to stock's last close ** Average rating of 13 analysts is "buy"; median PT is $103 - data compiled by LSEG ** OMC fell 6.2% in 2025 (Reporting by Anhata Rooprai in Bengaluru) ((Anhata.Rooprai@thomsonreuters.com))
Recent news on Omnicom
See all newsBrief: Omnicom Group Inc - Elevates Christine Gambino To CEO Of Omni Platform
Omnicom beats quarterly revenue estimates on resilient ad spending
Omnicom Q1 revenue beats estimates on IPG acquisition
Big ad agencies settle US FTC probe into alleged boycott over political content
Publicis posts 4.5% net revenue organic growth, maintains lead in US and Chinese markets