Publicis' 2027 Prospects Look Increasingly Clear

1138 GMT - Publicis Groupe's steady performance and major account wins mean its 2027 outlook is increasingly clear, Bank of America analysts say in a research note. This makes the French advertising group stand out at a time when many companies are either grappling with economic uncertainty or AI-induced transformations of their business models, the analysts say. "Our new business tracker suggests Publicis has, once again, topped the rankings, while [the second half] is already off to an excellent start," the analysts say. Publicis landed big accounts such as Microsoft, PepsiCo and LVMH without pitches thanks to market consolidation and an offering strengthened by recent acquisitions, and these look like durable features, they add. Bank of America raises its price objective on Publicis to 118 euros from 113 euros. Shares fall 0.3% to 97.36 euros.