Piper Sandler analyst Alexander Goldfarb upgraded Newmark to Overweight from Neutral with a price target of $13, up from $7. The firm believes 2024 leasing and capital markets could surprise on the upside, driven by optimism over an easing rate environment and steady progress of tenants competing for top tier space, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NMRK:
