Goldman Sachs Upgrades Stagwell to Buy, Maintains Caution on Havas

By EC Assets · Published 5 October 2026

Goldman Sachs has expressed a bullish stance on the advertising group Stagwell, while maintaining a cautious outlook on Havas. The investment bank upgraded Stagwell's rating to "buy" from "neutral" on Monday. Goldman Sachs also established a 12-month price target of $13 for Stagwell. The upgrade for Stagwell comes as Goldman Sachs cited strong results from the company. The advertising group has an upcoming corporate event. Stagwell is scheduled to participate in the Goldman Sachs Communacopia & Technology Conference. This event is set for September 8, 2026, at 8:00 AM. Goldman Sachs's assessment on Havas, however, indicates caution regarding its growth prospects. This article is intended for informational purposes only. It does not constitute investment advice.