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Wendy Boyd

Morgan Stanley, JPMorgan Upbeat On Cushman & Wakefield's Potential

Commercial real estate services company Cushman & Wakefield PLC CWK recently offered 45 million shares in an IPO. With the IPO quiet period expiring, sell-side began coverage has begun for shares of the company.

Morgan Stanley analyst Vikram Malhotra initiated coverage of Cushman & Wakefield with an Overweight rating and $21 price target.

JMP Securities analyst Mitch Germain initiated coverage with a Market Outperform rating and $20.50 price target. Source

Sideways still takes place.

$CWK, Cushman & Wakefield plc Ordinary Shares / H1