Raymond James Maintains Strong Buy on Cushman & Wakefield, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Patrick O'Shaughnessy has maintained a Strong Buy rating on Cushman & Wakefield (NYSE:CWK), but lowered the price target from $20 to $18.
August 01, 2023 | 11:40 am
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NEUTRAL IMPACT
Cushman & Wakefield's price target has been lowered from $20 to $18 by Raymond James, though the Strong Buy rating is maintained.
The news is directly about Cushman & Wakefield. The lowering of the price target might indicate a potential downside, but the maintained Strong Buy rating suggests that the analyst still sees significant upside potential. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100