Shares of ManpowerGroup (NYSE:MAN) dropped 3.1% after UBS analyst lowered price target to $32, citing a subdued outlook and expected decline in profit margins for Q4 earnings. Stock closed at $30.07, down 2.9% from previous close. Market sees news as meaningful but not changing perception of business. Previous big move was 2 days ago when BMO Capital upgraded stock to Outperform with $44 price target, citing attractive entry point. Stock is flat YTD, trading 52% below 52-week high. Investors who bought 5 years ago would see investment worth $322.93.
Read more at Barchart: Why ManpowerGroup (MAN) Stock Is Falling Today
