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Newmark price target raised to $19 from $17 at Citizens JMP

Citizens JMP raised the firm’s price target on Newmark (NMRK) to $19 from $17 and keeps an Outperform rating on the shares. The company reported a Q2 beat and it continues to benefit from broker additions, the analyst tells investors in a research note. The firm says Newmark posted broad-based revenue growth.

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