Colliers International price target lowered to $135 from $140 at Scotiabank

Scotiabank analyst Himanshu Gupta lowered the firm’s price target on Colliers International to $135 from $140 and keeps an Outperform rating on the shares. In the last month, the stock price of Colliers and other real estate brokers are down approximately 10%, leading the firm to lower its price target on the stock.