Raymond James added Colliers International (CIGI) to the firm’s Analysts Current Favorites list in conjunction with a quarterly preview for 15 stocks in the analyst’s industrial coverage universe. With Colliers’ capital markets and fundraising activities on the upswing and demand for its engineering services buoyant, the firm sees potential for an upside surprise and thinks “there are good reasons to expect Street estimates to head higher,” says the analyst, who keeps an Outperform rating and $180 price target on the shares.
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