PUBLICIS : UBS reiterates its buy recommendation
' Management expects the top end of the +4-5% range for fiscal 2024 to be achieved (UBSe estimate of +5%) assuming an acceleration in digital transformation and fewer cuts in traditional advertising ' says the analyst firm.
' First-quarter 2024 organic growth far exceeded analysts' expectations, up +5.3%, and came close to UBSe's forecast of +5.5% ' says UBS.
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