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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBRE: