Keefe, Bruyette & Woods Maintains Market Perform on Newmark Group, Raises Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Jade Rahmani maintains a Market Perform rating on Newmark Group (NASDAQ:NMRK) and raises the price target from $13 to $13.5.

August 08, 2024 | 1:47 pm
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Keefe, Bruyette & Woods analyst Jade Rahmani maintains a Market Perform rating on Newmark Group and raises the price target from $13 to $13.5.
The raised price target from $13 to $13.5 indicates a positive outlook from the analyst, which could lead to a short-term increase in the stock price. However, the Market Perform rating suggests moderate expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100