Raymond James Maintains Strong Buy on CBRE Group, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick O'Shaughnessy has maintained a 'Strong Buy' rating on CBRE Group but lowered the price target from $100 to $95.

October 04, 2023 | 11:17 am
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Despite a lowered price target, CBRE Group maintains a 'Strong Buy' rating from Raymond James, indicating continued confidence in the company's performance.
The lowered price target might cause some short-term uncertainty among investors, potentially impacting the stock price. However, the 'Strong Buy' rating indicates that the analyst still has high confidence in the company's future performance, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100