Morgan Stanley has decided to maintain its Overweight rating of Cushman & Wakefield (NYSE:CWK) and lower its price target from $21.00 to $19.00.
Shares of Cushman & Wakefield are trading down 5.18% over the last 24 hours, at $14.97 per share.
A move to $19.00 would account for a 26.9% increase from the current share price.
About Cushman & Wakefield
Cushman & Wakefield is the third largest commercial real estate services firm in the world with a global headquarters in Chicago. The firm provides various real estate-related services to owners, occupiers and investors. These include brokerage services for leasing and capital markets sales, as well as advisory services such valuation, project management, and facilities management.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.