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Colliers International price target raised to $175 from $149 at CIBC

CIBC analyst Scott Fletcher raised the firm’s price target on Colliers International (CIGI) to $175 from $149 and keeps an Outperformer rating on the shares following “beat-and-raise” results in Q2. The quarterly report should help “set aside any major fears” about tariff and trade uncertainty having a prolonged impact on the brokerage business, the analyst contends.

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