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Cushman & Wakefield price target raised to $19 from $16 at Citizens JMP

Citizens JMP analyst Mitch Germain raised the firm’s price target on Cushman & Wakefield to $19 from $16 and keeps an Outperform rating on the shares. Citizens views Cushman & Wakefield’s Q3 earnings report positively as management’s emphasis on platform growth through strategic hiring and de-leveraging should pay dividends as we enter a more accommodative backdrop, the analyst tells investors in a research note.

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