Goldman Sachs Downgrades Omnicom To Sell

Analysts at Goldman Sachs downgraded Omnicom Group OMC from Neutral to Sell. The price target for Omnicom has been lowered from $72 to $64. Omnicom shares have surged 1.72% over the past 52 weeks, while the S&P 500 index has gained 10.64% in the same period. Omnicom Group's shares rose 2.57% to close at $69.01 yesterday.