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. SourceSideways still takes place. $CWK, Cushman & Wakefield plc / H1