1157 GMT - Publicis Groupe's full-year guidance looks safer after the company provided an update on its first-quarter performance, and upgrades down the line are still possible, analysts at Bank of America say in a research note. Additional new business wins or reduced economic volatility could drive upgrades, the analysts say. The French advertising company's first-quarter organic net revenue growth matched expectations at 4.5% and the company pointed to an acceleration in the second quarter, which is slightly better than consensus forecasts, they add. To deliver on its annual guidance, Publicis needs organic growth ranging from 3.4% to 5.3% in the second half, according to Bank of America. Shares rise 0.9%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 14, 2026 07:58 ET (11:58 GMT)
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