Colliers International price target raised to $185 from $175 at RBC Capital

RBC Capital raised the firm’s price target on Colliers International (CIGI) to $185 from $175 and keeps an Outperform rating on the shares after its Q2 earnings beat. The company’s Engineering segment was particularly robust, driven by a series of attractively priced tuck-in acquisitions and 8% organic growth, the analyst tells investors in a research note.