CWK Stock Downgraded by Jefferies Analyst: What You Need to Know

Cushman & Wakefield Stock Downgraded by Jefferies Analyst

Jefferies analyst Peter Abramowitz has downgraded Cushman & Wakefield (CWK) from Buy to Hold, citing that Street estimates are too high for 2025. The stock’s price target has been reduced to $14 from $18.

Positive Outlook on Commercial Real Estate Services Space

Despite the downgrade, Jefferies maintains a positive outlook on the commercial real estate services space for 2025. However, the firm believes that the current Street estimates are overly optimistic and may not reflect the actual performance of the company.

JLL Remains Top Pick in the Space

JLL (JLL) remains the analyst’s top pick in the space, indicating a strong growth potential for the company.

Key Takeaways

• CWK stock has been downgraded from Buy to Hold by Jefferies analyst Peter Abramowitz.
• The stock’s price target has been reduced to $14 from $18.
• Street estimates are too high for 2025, according to Jefferies.
• JLL remains the analyst’s top pick in the space.

Recent Developments

• CWK reports strong leasing growth and debt repayment (Source: TipRanks)
• CWK reports Q3 adjusted EPS 23c, consensus 21c (Source: TipRanks)
• Boeing union to end strike, Palantir reports Q3 beat: Morning Buzz (Source: TipRanks)