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Bullish Case: With ManpowerGroup's increased institutional interest and a strong Q1 earnings beat, plus the presence of new business partnerships, bullish sentiment could rebound, leveraging industry needs despite broader market struggles.


Bearish Case: Persistent revenue declines over recent years, elevated market-implied uncertainty, and an industry grappling with economic headwinds suggest potential continued underperformance, discouraging immediate bullish outlooks.


Potential Outcomes:

1) Increase in client engagement post-Q1 earnings beat increases revenue - 35%.

2) Continued economic downturn pressures margins further - 40%.

3) Successful cost-cutting adds unexpected profit - 15%.

4) Disappointing quarterly forecasts fuel sell-offs - 10%.


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April 19, 2024


ManpowerGroup Forecast

MAN        ManpowerGroup
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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