Raymond James Downgrades Colliers Intl Gr to Outperform, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Frederic Bastien has downgraded Colliers Intl Gr (NASDAQ:CIGI) from Strong Buy to Outperform while raising the price target from $150 to $160.
August 02, 2024 | 3:58 pm
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Raymond James has downgraded Colliers Intl Gr from Strong Buy to Outperform, but raised the price target from $150 to $160.
The downgrade from Strong Buy to Outperform suggests a less bullish outlook, which could temper investor enthusiasm. However, the raised price target to $160 indicates confidence in the company's potential, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100