Goldman Sachs analyst Julien Blouin initiated coverage of Cushman & Wakefield with a Sell rating and $15 price target The firm believes Cushman is set to underperform the peer group due to its lower capital markets exposure and receding market share. The company has lower earnings growth compared to the peers, the analyst tells investors in a research note. Goldman says the stock could lag in the early innings of the capital markets recovery.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CWK:
- Boeing union to end strike, Palantir reports Q3 beat: Morning Buzz
- Cushman & Wakefield Reports Strong Leasing Growth and Debt Repayment
- Cushman & Wakefield reports Q3 adjusted EPS 23c, consensus 21c
- CWK Upcoming Earnings Report: What to Expect?
- Cushman & Wakefield Strengthens Financial Position with Debt Repricing