Morgan Stanley analyst Ronald Kamdem raised the firm’s price target on Cushman & Wakefield (CWK) to $14.50 from $14 and keeps an Overweight rating on the shares. The firm raised estimates and price targets for “Top Pick” CBRE Group (CBRE) as well as for Cushman & Wakefield on potential labor efficiency gains after analyzing how Generative AI usage may reshape the half a million occupations in the public REIT and Commercial Real Estate services space.
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