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CBRE Group initiated with a Buy at Goldman Sachs
The Fly

CBRE Group initiated with a Buy at Goldman Sachs

Goldman Sachs initiated coverage of CBRE Group (CBRE) with a Buy rating and $176 price target The firm likes CBRE for its continued gains in leasing market share and its “strong positioning” heading into a capital markets recovery. The company’s growth and profitability profiles of its “resilient businesses” are underappreciated, the analyst tells investors in a research note.

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