Piper Sandler Maintains Overweight on Newmark Group, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb has maintained an Overweight rating on Newmark Group (NASDAQ:NMRK) and raised the price target from $13 to $17.
September 03, 2024 | 1:50 pm
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Piper Sandler has maintained an Overweight rating on Newmark Group and increased the price target from $13 to $17, indicating a positive outlook.
The increase in price target from $13 to $17 by Piper Sandler suggests a positive outlook for Newmark Group, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100