Cushman & Wakefield price target raised to $16 from $15 at Citizens JMP

Citizens JMP raised the firm’s price target on Cushman & Wakefield to $16 from $15 and keeps an Outperform rating on the shares. Cushman & Wakefield’s Q2 report validates the merits of management’s strategic plan, based on strengthening the balance sheet, investing in producers, and leveraging its global capabilities to retain and grow its customer relationships, the analyst tells investors in a research note.