Jefferies Initiates Coverage On CBRE Group with Hold Rating, Announces Price Target of $107
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Peter Abramowitz initiates coverage on CBRE Group (NYSE:CBRE) with a Hold rating and a price target of $107.

April 10, 2024 | 11:58 am
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Jefferies initiated coverage on CBRE Group with a Hold rating and a price target of $107.
The initiation of coverage by Jefferies with a Hold rating and a specific price target provides investors with a new professional analysis to consider. While the Hold rating suggests a neutral outlook, the setting of a price target can influence investor expectations and market sentiment towards CBRE Group. However, the impact is considered neutral short-term as the Hold rating does not suggest significant upside or downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100