12:55 AM EDT, 07/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our 12-month target price is cut to USD33 (from USD40).This is based on 2025 P/E of 6.6x, which is discounted against its five-year historical average of 9.8x and the industry forward average of 9.3x. We think our relative valuation appropriately reflects WPP's ( WPP ) weaker growth track record against its own performance (three-year net revenue CAGR through 2022-2024: -1.26%) and its regional peer's performance (Publicis's three-year net revenue CAGR through 2022-2024: +3.57%). We trim our 2025 and 2026 EPS estimates to GBP3.65 (from GBP4.20) and GBP3.95 (from GBP4.35) as we align our views with WPP's ( WPP ) downgraded outlook for 2025. WPP is seeing continued weakening in client sentiment in the month of June, particularly in the CPG client sector, which is its largest exposure at c.28% of net revenue in Q1 2025. A sustained softness in terms of net new billings and client spending could impact WPP's ( WPP ) near-term growth, in our opinion.