Cushman & Wakefield price target lowered to $12 from $16 at Citi

Citi lowered the firm’s price target on Cushman & Wakefield to $12 from $16 and keeps a Neutral rating on the shares. The new price target reflects updated operating and capital markets assumptions, with the firm now assuming some near-term headwinds around volatile business lines, which should normalize in 2026, the analyst tells investors in a research note.