WPP stock trades at EUR 4.50 as turnaround takes shape
AD HOC NEWS
WPP stock is trading at EUR 4.50, reflecting progress in its "Elevate28" turnaround strategy. The company is moderating its revenue decline and investing in AI-led production, including a new 34,000-square-foot production hub in East London. Berenberg has raised its price target for WPP to GBP 4.70, maintaining a buy rating, despite a more mixed broader analyst consensus.
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