Stagwell Stock Could Outperform With 12% Growth, But Analyst Warns Of Market Skepticism Amid Macro Concerns
1. Rosenblatt maintains a Buy rating for STGW with a $10 target price. 2. Stagwell's current EBITDA multiple is 6.7x, below peer average of 6.9x. 3. Expected modest growth could still justify a higher valuation for STGW. 4. Market skepticism due to macroeconomic concerns poses risks to STGW's targets. 5. Recent guidance on AI cost savings suggests short-term margin expansion potential.