Scotiabank analyst Himanshu Gupta lowered the firm’s price target on Colliers International (CIGI) to $155 from $165 and keeps an Outperform rating on the shares. The company’s Q1 results were in-line and management reiterated 2025 guidance, the analyst tells investors. The firm lowered its price target on the stock due to lower target EV/EBITDA multiple.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIGI: