WPP Downgraded To Hold

Today, the market is up and up as investors respond to Treasury Secretary Tim Geithner’s plan to save the banking sector. Meanwhile, Citi analysts have downgraded WPP’s stock from buy to hold. On the London market, WPP was a “prominent faller” dropping 1.24 per cent.

What did Wilson Phillips say? Something about knowing that there is pain, but if you hold on for one more day, you can break free, break free from the chains? Hold on WPP. Just hold on, okay?

More: WPP Is Worried About A Few Things

Launch a social media campaign that will build your brand and deliver results in our online Social Media Marketing Boot Camp starting June 7. Speakers include Abigail Cusick (Bravo Digital), Gregory Galant (Sawhorse Media), Alex Leo (Thomson Reuters Digital), Jim Tobin (Ignite Social Media), and many more. Read the reviews.