Raymond James Downgrades Newmark Group to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick O'Shaughnessy has downgraded Newmark Group (NASDAQ:NMRK) from Outperform to Market Perform.

October 04, 2023 | 11:11 am
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Newmark Group's stock rating has been downgraded by Raymond James from Outperform to Market Perform.
Analyst ratings often influence the stock price. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will not outperform the market anymore, which could lead to a decrease in the stock price in the short term.
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